Using a budget template (simplified)

You can create a budget using a template with recommended configurations. Budget templates are a simplified way to start using AWS Budgets, with a single page workflow, unlike the 5-step workflow that is required for Customizing a budget (advanced).

To create a budget using a template

1. Sign in to the AWS Management Console and open the AWS Cost Management console at https://console.aws.amazon.com/cost-management/home.

2. In the navigation pane, choose Budgets.

3. At the top of the page, choose Create budget.

4. Under Budget setup, choose Use a template (simplified).

5. Under Templates, choose a template that best matches your use case:

   • Zero spend budget: A budget that notifies you after your spending exceeds AWS Free Tier limits.

   • Monthly cost budget: A monthly budget that notifies you if you exceed, or are forecasted to exceed, the budget amount.

   • Daily Savings Plans coverage budget: A coverage budget for your Savings Plans that notifies you when you fall below the defined target. This helps you to identify your on-demand spend sooner so that you can consider purchasing a new commitment.

   • Daily reservation utilization budget: A utilization budget for your Reserved Instances that notifies you when you fall below the defined target. This helps you to identify when you're not using some of your hourly commitment that you already purchased.

6. Update the details and settings for your specific template.

7. Choose Create budget.

While each template has default configurations, they can be changed later. This way, you can use it to create most of the budget, and then edit certain settings in the advanced workflow, such as adding a linked account or a cost category filter. To change any of the settings, under Template settings, choose Custom.

You can also download a template for offline use in AWS CLI or CloudFormation, for example. To download a template, under Template settings, choose JSON.