Exercise 15.1 – setting up cost budgets on AWS

In this exercise, you will create a total monthly cost budget for your workloads. This will allow you to monitor your spending and avoid unintentional cost overruns:

1. Log in to the AWS Management Console using the credentials of the IAM user Alice.
2. Search for AWS Budgets from the top search bar on the console screen, and navigate to the AWS Budgets console page.
3. From the right-hand pane, click on the Create a budget button.
4. Next, from the list of Budget types, select Cost budget – Recommended.
5. Click the Next button in the bottom-right corner of the page.
6. In the Set budget amount pane, configure the following:
   1. Set the period to Monthly.
   2. Select Recurring budget.
   3. Set the start month of your choice.
   4. Select the Fixed option under Choose how to budget.
   5. Next, enter your budget amount. I have set mine to $20 as per the following screenshot:

      Figure 15.6 – AWS Budgets – setting up monthly cost budgets...