Setting Up a Billing Alarm (Walkthrough)

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Time
19 hours 21 minutes
Difficulty
Intermediate
Video Transcription
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>> Hey everybody and welcome back.
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In this lesson, we're going to be
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covering something called billing alarms
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and just overall budgeting tools that we use in AWS.
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In this lesson, we're going
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to break it down what billing alarms
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are used for and what the budgeting tools are,
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and how they are used,
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and then we're going to walk through how to
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set up a billing alarm.
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I'm going to go ahead and hop over to my screen,
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come on and join me along.
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As you can see here, I'm logged into
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my AWS Management Console.
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What I'm going to do is
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search up here in the search bar,
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budgets, and click that.
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It's going to jump you to
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the Billing and Cost Management Dashboard.
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But actually, if you look here on the left-hand pane,
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under Cost Management,
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you're going to see budgets, and that's actually where
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this search is going to jump you
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right to because it's like a service within a service.
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We're going to click this orange button.
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Create a budget,
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because we're in the free accounts
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and we just set up our accounts.
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This is the only thing we're going to be able to
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do as cost budget, which is fine.
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That's what we want to start with.
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We'll go ahead and hit "Next."
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For this, you can set your period.
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You can do it daily, monthly,
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quarterly, annually, whatever you like.
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I've always done monthly for
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personal projects from our personal accounts.
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But like I said, you can choose whatever you want,
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and we're going to do Recurring budget.
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This renews on the first day of
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every month, every billing period.
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The starting month,
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let's set it for August.
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We're at the end of July as I'm recording this.
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This will be set for August.
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I'm going to set my budgeted amount for $10.
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This means that the max amount of
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money that I want to spend on
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my AWS account is going to be $10.
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[NOISE] Let's go ahead and scroll down.
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We want to go ahead and give our budget a name.
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I'm just going to call this
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Monthly Budget just to make it easy.
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Go ahead and hit "Next."
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We do not have a threshold,
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and we want to know alert thresholds here
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because once we've hit that threshold,
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we'll get an email or a text message,
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whatever we choose to notify us that,
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hey, we're about to hit our max budget,
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and we want to maybe dial things down or adjust
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the budget to account for
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whatever services that are running.
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Let's go ahead and add alerts.
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I like the 80 percent of the budgeted amount,
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just because I feel like it's pretty reasonable.
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For this account, for the projects that we're going to
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be building here, I think that that's good.
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Once I hit the eight-dollar mark,
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I should probably go in there and make sure that I
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shut off all my EC2 instances and
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make sure that I've trimmed up
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any excess areas that are spending too much money.
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The goal here is to stay
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within our budget. We don't want to increase it.
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We're going to go ahead and hit that threshold.
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We want it to be actual,
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not forecasted. There's a difference.
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Once it hits the actual 80 percent
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or eight-dollar worth of services,
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go ahead and send me an email.
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I'm going to go ahead and add my fictitious email here.
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Here we go. If I'd like,
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I can do SNS.
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Actually, it's beyond the scope of this course,
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but SNS is like
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a notification service that can send
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you SMS messages or text messages to your phone.
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But it requires that you set up
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the Amazon SNS service
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in order to do that. We're not going to do that.
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But if you are familiar with SNS by any chance,
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this is a feature that you can plug in as well.
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I'm going to go ahead and hit "Next,"
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and review our settings here.
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Looks good. I'll hit "Next" again.
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We're going to go ahead and review
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everything here. It looks good.
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I'm going to go ahead and hit "Create Budget."
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Let's close that out.
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Looks like we're okay. This okay indicator
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means that we're still within our thresholds,
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so we haven't spent anything.
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But we haven't hit
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that eight-dollar threshold, which is good.
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Let's go ahead and hop over back to
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the home area because I
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want to show you the Billing
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and Cost Management Dashboard.
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As you're spinning up services within AWS,
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you can always go back to the Billing and
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Cost Management Dashboard by typing in this, [NOISE]
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see, and it takes you right back to here.
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You can explore the costs.
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Now, I don't have anything spent
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because I haven't built anything yet.
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But as we build services in this account,
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you're going to start to see some dollars come up
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here and you'll get to see
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why the cost was
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added or why I'm going to
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have to actually pay something to take them off.
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Now, this is super important,
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because as you are building your services,
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you're going to want to make sure that
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you're configuring them correctly,
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that you're staying within your corporate budget,
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and that you are shutting
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things down and staying on top of the maintenance.
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Because sometimes if these leave
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certain services running,
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they will continue to charge it
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because it is charged by usage.
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It's like turning off the water hose.
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If you're done watering the grass,
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you're done playing out in the yard with the water hose,
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make sure you shut the water hose off;
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otherwise, your utility bill is going to be really high.
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Same situation here. You pay for what you use,
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and we want to make sure that we shut
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off the services that we're no longer using;
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otherwise, those costs are going to begin to jack up.
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We can use alert thresholds and the reporting here to
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really dig deep and figure out what's going
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on as we are spending lots of money on our services.
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All right everyone, that wraps up this lesson.
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In this lesson, we talked about the purpose of
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billing alarms and the process of setting them up,
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why they're important,
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and some of the other budgeting tools that are in
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our Cost Management Services area of AWS.
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Hopefully, you found this helpful.
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If you have any questions, feel free to reach out to me.
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But if not, I'll see you in
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the next lesson where we'll be talking
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about the budget setup. I'll see you there.
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