The Billing & Cost Management Dashboard provides a place to manage the economics of your account. Here you can visualize your costs grouped by several dimensions as service, region, or a specific tag. You can find trends and patterns in usage, you have the ability to configure budgets to keep your expenses under control when the forecasts or limits have been exceeded and receive Reserved Instances recommendations based on use.
One of the key advantages of cloud computing is the trade of capita expense for the variable expense by paying only what you use and when you use it with No Upfront investments. However in some cases making upfront investments can lower your costs up to 75%.
To navigate to the billing dashboard you must have explicit permissions or be logged as root. Navigate to your account data, as shown in the following screenshot:
The...