Question 342 - CLF-C02 discussion

AWS Budgets is a service that helps you plan your service usage, service costs, and instance reservations, and track how close your plan is to your budgeted amount. You can set custom budgets that alert you when you exceed (or are forecasted to exceed) your budgeted thresholds. You can also use AWS Budgets to set a maximum spending limit on AWS services each month and set up alerts for when you reach your spending limit. Cost Explorer is a service that enables you to visualize, understand, and manage your AWS costs and usage over time. You can use Cost Explorer to view charts and graphs that show how your costs are trending, identify areas that need further inquiry, and see the impact of your cost management actions. However, Cost Explorer does not allow you to set a maximum spending limit or alerts for your AWS services. AWS Trusted Advisor is a service that provides you real time guidance to help you provision your resources following AWS best practices, including security and performance. It can help you monitor for cost optimization opportunities, such as unused or underutilized resources, but it does not allow you to set a maximum spending limit or alerts for your AWS services. Service Quotas is a service that enables you to view and manage your quotas, also referred to as limits, from a central location. Quotas, also referred to as limits, are the maximum number of resources that you can create in your AWS account. However, Service Quotas does not allow you to set a maximum spending limit or alerts for your AWS services.