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Thu Kha Kyawe
Thu Kha Kyawe

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Setting up AWS Budgets

AWS Budget Creation Guide: Monthly Cost Monitoring

Objective

Create a monthly cost budget in AWS to monitor and control cloud spending.

Prerequisites

  • AWS Console access
  • Appropriate IAM permissions for AWS Budgets
  • Valid email address for notifications

Procedure

1. Access AWS Budgets Service

  • Log into the AWS Management Console
  • Using the navigation bar, search for "Budgets"
  • Select Budgets from the service results

2. Initiate Budget Creation

  • From the AWS Budgets dashboard
  • Click the Create budget button

3. Configure Budget Template

  • Under "Choose budget type" section:
    • Select Use a template (simplified)
    • Choose Monthly cost budget template

4. Set Budget Parameters

Parameter Value Description
Budget Name My Monthly Cost Budget Descriptive identifier for your budget
Budgeted Amount 100 Monthly spending limit in USD
Email Recipients your@email.com Notification contact for budget alerts

5. Finalize Configuration

  • Verify all entered parameters
  • Click Create Budget to deploy

Expected Outcome

  • ✅ Monthly cost budget active and monitoring
  • ✅ Email notifications configured for spending alerts
  • ✅ Budget tracking against $100 monthly threshold

Resources & Next Steps


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