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AWS Budgets: Overview and Configuration Example
AWS Budgets is a service that helps you set custom cost and usage budgets that alert you when you exceed your thresholds. It enables you to monitor your AWS spending and take proactive actions to control costs. Here's a detailed overview of AWS Budgets along with a configuration example:
Features of AWS Budgets:
-
Custom Budgets:
- Allows you to create custom budgets based on cost, usage, or reservation values.
- Multiple Filters:
- Supports multiple filters, including service, region, linked accounts, and custom tags.
- Forecasting:
- Provides forecasts based on historical spending patterns to help you plan and set realistic budget targets.
- Alerts and Notifications:
- Sends alerts and notifications via email or Amazon SNS when actual or forecasted costs exceed specified thresholds.
- Cost and Usage Reports:
- Leverages AWS Cost Explorer data and provides detailed cost and usage reports within the AWS Budgets console.
Configuration Example:
Let's create a simple budget to monitor and receive alerts for AWS costs:
-
Login to AWS Console:
- Open AWS Budgets Console:
- Click on the "Budgets" service in the console.
- Create a New Budget:
- Click "Create Budget" to start the budget creation process.
- Choose Budget Type:
- Select the budget type based on your requirements. For example, you can choose a cost budget.
- Configure Budget Details:
- Provide a budget name, select the budget type (e.g., cost), and set the time period for the budget.
- Define Cost Filters (Optional):
- Optionally, define cost filters based on specific dimensions, such as service, region, linked accounts, or custom tags.
- Set Cost Thresholds:
- Set the cost threshold amounts for the budget. Specify the alert threshold and the actual cost threshold.
- Configure Alerts:
- Configure alert settings, including the notification type (email or Amazon SNS) and the email recipients or SNS topic.
- Review and Create:
- Review the budget configuration and click "Create budget" to save the budget.
- Monitor Budgets:
- In the AWS Budgets console, monitor the created budget, view current status, and track spending against the defined thresholds.
- Receive Alerts:
- If actual or forecasted costs exceed the defined thresholds, you will receive alerts via email or Amazon SNS.
- Modify or Delete Budget (Optional):
- Modify existing budgets or delete budgets through the AWS Budgets console if they are no longer needed.