Guide to AWS Budget Setup

Stephane Maarek | AWS Certified Solutions Architect & Developer Associate
A free video tutorial from Stephane Maarek | AWS Certified Solutions Architect & Developer Associate
Best Selling Instructor, Kafka Guru, 9x AWS Certified
4.7 instructor rating • 38 courses • 782,072 students

Learn more from the full course

Ultimate AWS Certified Solutions Architect Associate 2021

Pass the AWS Certified Solutions Architect Associate Certification SAA-C02. Complete Amazon Web Services Cloud training!

24:00:50 of on-demand video • Updated April 2021

  • FULLY UPDATED FOR SAA-C02: Pass the AWS Certified Solutions Architect Associate Certification
  • All 600+ slides available as downloadable PDF
  • Perform Real-World Solution Architecture on AWS
  • Learn the AWS Fundamentals (EC2, ELB, ASG, RDS, ElastiCache, S3)
  • Learn the Serverless Fundamentals (Lambda, DynamoDB, Cognito, API Gateway)
  • Analyze 10+ Solution Architectures (traditional & serverless)
  • Understand the Well Architected Framework, Disaster Recovery
  • Master all the differences of Databases on AWS
  • Secure your entire AWS Cloud using KMS, IAM Policies & SSM
English Lecturer: Okay so just before we start this course I want to get started and create an AWS Budget. This is to monitor if you go over the free tier and if that's the case, you will get an email alert and that will be great for you not to overspend some money. So for this, go on your account and click on My Billing Dashboard. And you are getting into the Billing dashboard, you can see your current spend, zero to-date which is great. But on the left-hand side under Cost Management, there is Budgets and this is where we are going to create our first AWS Budget. For this, click on Create a budget and we're going to choose a Cost budget. Next, we click on Set your budget and here I'm just going to call our budget Learning AWS. It's going to be a monthly budget and a recurring one and we can set up a fixed amount. So you need to say how much money you're willing to put every month to learn AWS. You know a good amount to get started is 10 and 10 will basically ensure that you don't go overspend $10 in any month, which is a good way to get started but if you don't wanna spend any money and you want to be aware as soon as anything is spent, that means anything you go over the free tier, then you can put 0.01 and that means that as soon as you spend one cent, AWS will send you an email. Okay, so this is good enough, I'll say one cent, just in case. And click on Configure alerts. Okay, now you have alerts that you can send. Do you wanna send the alerts based on the actual costs or on the forecasted cost? So here I'll just say on the actual cost. And you can set a threshold, for example when you reach 80% of your budget amount. So I'll say 100% of the budget amount. And then you send the email you wanna have to notify, so And when you're done with this, you click on Confirm budget. Here, you can review your costs so again, remember that we're not going to spend any money this course but there's a chance that if you do something wrong, you will spend money. Remember that the certification does cost you a little bit of money so I would suggest you can have a budget amount of at least $10, just in case. You shouldn't spend $10 but maybe you will if you wanna learn AWS properly. And so here in this case, just a budget amount of $0.01. The budget looks good, everything looks perfect and I'll just go ahead and click on Create. And here we go, my first budget has been created and now if I go over this one cent I will receive an email from AWS and I can take action, for example I will be able to look at my bills and under Bills I will be able to see for that one month where that dollar is coming from, where my spend is coming from, which will allow you to drill down into the source and the root cause of your spends. So that's it, we're now ready to learn AWS. Let's get started.