💰 AWS Cost and Budget Setup (Simplified)

1. Access for IAM Users

  • To let an IAM user view Billing and Cost Management,
    the administrator must enable:
    “IAM user and role access to Billing information”.

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2. Key Billing Tools

  • Bills: Shows a detailed breakdown of usage and charges.
  • Free Tier: Displays remaining Free Tier usage on a dashboard.
  • Budgets: Sends email alerts if your spending exceeds the set budget.