What is AWS Budgets?

AWS Budgets is a tool provided by Amazon Web Services (AWS) that helps you track and manage your AWS costs. Here's how it works:

1. Set Up a Budget: In AWS Budgets, you can set up a budget for your AWS costs, usage, reservations, or Savings Plans. You define the budget amount, the period (monthly, quarterly, or annually), and other details.

2. Define Alerts: You can define alerts based on actual or forecasted cost or usage. When your costs or usage exceed (or are forecasted to exceed) your budget amount, AWS sends you an email or an Amazon SNS notification.

3. Monitor Your Budget: AWS Budgets provides a dashboard where you can monitor your budgets and costs. You can view your costs or usage compared to your budgeted amount, and see your costs broken down by AWS service, linked accounts, or tags.

4. Analyze Your Costs: AWS Budgets integrates with AWS Cost Explorer, a tool that lets you visualize and analyze your AWS costs over time. This can help you understand your costs and usage and make more informed decisions.

5. Adjust Your Budget: As your needs change, you can adjust your budget amount, period, or alert settings at any time.

In summary, AWS Budgets is a tool that helps you manage your AWS costs by setting custom cost and usage budgets and receiving alerts when your usage exceeds your budgeted amount.