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So, in this account,

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we're going to make sure to spend the least amount of money

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or no money, and I will let you know

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when something will cost you some money.

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But nonetheless,

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it is a good idea to set up a billing budget,

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so that we know when we go over spending some money

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and we can get alerted in case of that.

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So, what I'm going to do is click on my account

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and then click on my billing dashboard.

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Now, as you can see,

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I need permissions.

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And this is because I'm logged in as IAM user on my account,

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and we need to change something on the root account

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before we get access with IAM users,

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even administrators,

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to the billing and cost management dashboard.

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So, to solve this,

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I logged in as my root account.

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So, as you can see now,

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it just says my account number.

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Doesn't say the IAM user,

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so I'm logged in as my root account.

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And then I click on my account.

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So, you need to be on root account to do this.

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You scroll down and you're going to find

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this one setting called IAM user and role access

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to billing information.

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And we'll edit this and we'll activate IAM access.

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And this will allow IAM users who are administrators

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to access billing data.

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If you don't want that,

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you can also set up a billing alarm using the root account

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if you want it to.

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But I want to show you how

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to set up a billing alarm using an IAM user

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in case this is something you want it to do.

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So, once the setting is activated,

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you can go back into your IAM user

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and then refresh this page,

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and you have access

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to your billing and cost management dashboard.

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Next, let's have a look at how to read an AWS bill.

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So, if I take the bill for October 2021,

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as we can see, I paid $4.24 for my account.

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And when you start accruing charges for your accounts,

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it needs, you need to be able to understand how

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to figure out which service did incur some charges,

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where in which region, and how.

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So, if we look at the total service charges

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and these will be updated on daily basis in your account,

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so you can look at any month,

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even the current month.

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Then as we can see,

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for example, I have under elastic compute cloud $2.18.

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And it looks like in the Frankfurt region,

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I have $2.18, whereas in the Ireland region,

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I only have zero.

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So, as we can see,

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I can draw down my analysis to Frankfurt.

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And then it gives me the breakdown of all the pricing

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of all these things based on my usage.

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And so, you can see,

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there is a NAT gateway that was running for 31 hours

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and that cost me $1.61.

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And if I scroll down,

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there was some elastic IP addresses not attached

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to an instance for 114 hours,

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which cost me $0.57 and so on.

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So, these will give you the information you need

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to be able to understand why you have some charges

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on your AWS account and turn off or delete the resources

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that are incurring you some charges.

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It's super important that you generate this skill

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and not ask me how to solve this for you.

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So again, if you have any charges,

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I will always say,

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please go to your bill and look at the bill of the month,

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of the current month.

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And then look at the details of your charges

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and understand where the service are coming from.

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And then it's up to you to understand what this means

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and what you've created,

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but this is part of your learning, okay?

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But if you follow the tutorial correctly,

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you should not have any charges,

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and as I tell you, you will have some.

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So, this is how you read the bills.

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And then another thing is that if you go to the homepage

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and that you scroll down,

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you're going to get the top free tier services by usage,

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and click on View all.

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And this is going to give you some information

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around the free, the free tier of your accounts.

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So, where you stand against the free tier for Amazon S3,

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Amazon CloudWatch, and so on.

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Which can be some very helpful information,

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again, for you to know where you stand on the free tier.

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Okay, so next,

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let's set up a budget.

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So, on the left hand side,

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I'm going to the budget console.

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I will create a budget.

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And you have different kinds of budgets

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but to keep it simple,

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we're going to create a cost budget.

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Click on Next.

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And then when to set up a budget amount.

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So, it's going to be a monthly budget,

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recurring.

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It starts in November.

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And it's a fixed budget,

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and let's say,

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we wanna spend no more than $10 on this course.

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Now, again,

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I will try to make sure to tell you

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whenever you are about to incur some cost,

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but sometimes it happens that some students get more cost

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because well, you're just trying it out

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00:04:04,910 --> 00:04:06,960
and sometimes you're just playing more than you should,

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but it's okay.

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So, let's put a $10 budget in this course.

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And then we'll click on Next.

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So, once you put a budget name,

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so, demo budgets,

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or course budgets.

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Here we go.

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Click on Next.

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Next, we need to configure alerts.

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So, what happens when we reach these,

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this budget.

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So, we need to create a threshold.

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So, it's add,

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or the first alert threshold.

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00:04:32,020 --> 00:04:32,853
And let's say,

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hey, when we reach 80% of the budget amount,

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okay, the actual amount,

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then send us an email.

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00:04:38,040 --> 00:04:40,830
So, when we have $8 of accrued charges,

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then we'll receive an email.

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00:04:42,370 --> 00:04:46,943
And the email recipient may be stephane@example.com.

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And if we want to have a second alert,

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so we could say, for example,

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00:04:51,553 --> 00:04:55,790
hey, when you reach 60% of the budgeted amount

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00:04:55,790 --> 00:04:57,520
but it's a forecast.

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00:04:57,520 --> 00:05:01,060
So, when you have $6 of forecasted budget,

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00:05:01,060 --> 00:05:02,700
then again, send me an email.

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00:05:02,700 --> 00:05:04,260
So, we have two thresholds.

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00:05:04,260 --> 00:05:07,720
One that is actual cost and two that is forecast.

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00:05:07,720 --> 00:05:09,750
So, we have both emails entered at the same time here,

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00:05:09,750 --> 00:05:10,583
so it's perfect.

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00:05:10,583 --> 00:05:11,416
Click on Next.

153
00:05:11,416 --> 00:05:12,570
Next, we have budget actions.

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00:05:12,570 --> 00:05:14,300
So, what do you wanna do

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00:05:14,300 --> 00:05:17,010
in case these thresholds are reached.

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00:05:17,010 --> 00:05:19,230
And you can have actions but right now we don't need to.

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00:05:19,230 --> 00:05:22,320
We just wanna receive an email and we'll be good to go.

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So, next,

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00:05:23,780 --> 00:05:27,298
and we review everything and create this budget.

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00:05:27,298 --> 00:05:29,450
So now, we have a course budget and we'll have,

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00:05:29,450 --> 00:05:31,880
definitely, email alerts in case we reach

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00:05:31,880 --> 00:05:35,740
some 80% of the actual budget or 60% of the forecast.

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00:05:35,740 --> 00:05:37,700
And then this will allow us to control our cost

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in case you did something wrong in this course,

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okay?

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00:05:40,643 --> 00:05:41,580
So, that's it for this lecture.

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I hope you liked it and I will see you in the next lecture.