AWS Budget
Monthly cost budget
Introduction
- AWS Budgets provides a feature to handle cost and utilization by providing notifications when cost or usage is beyond the configured threshold. It can only be used as a mechanism to notify the usage and not a medium to restrict the actions.
- Budgets and notifications are directly dependent on your billing data and it is updated at least once a day NOTE: You may not receive an alarm for a forecasted budget if your account is new. Forecasting requires existing usage within the account.
Create a monthly cost budget
In this tutorial, we will create a monthly forecast budget and configure notification
Log in to the console and search for Billing

Select Budgets

CLick Create a budget

Click Set your budget

Set your budget and enter the following details:
- Name: MonthlyBudget
- Period: Monthly
- Budget effective dates: Recurring Budget
- Start Month: (select current month)
- Budget amount: Fixed
- Budgeted amount: $5000
- Other fields: leave as defaults

Scroll below and click Configure alerts

Select:
- Send alert based on: Forecasted Costs
- Alert threshold: 100% of budgeted amount
- Email contacts: (your email address)
- Click on Confirm budget

Verify the details, and click Create

You will be presented with the current forecast

After the configured threshold is surpassed, you will receive an email similar to this within a few minutes

AWS Budget Report
Introduction
- AWS Budgets Reports allow you to create and send daily, weekly, or monthly reports to monitor the performance of your AWS Budgets..
Create a weekly budget report
In this tutorial, we will create weekly budget status and configure notification
Under Budgets dashboard, Select on Budgets Reports
Click Create a budget report

Select a report with the below details
- Report name: WeeklyBudgets
- Select all budgets

Select Configure delivery settings
Configure the delivery settings
- Report frequency: Weekly
- Day of week: Monday
- Email recipients
Click Confirm budget report

Confirm the configuration, click Create

Now the budget report setup is complete

You should receive an email similar to the one below
