How to create budget and billing alerts

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Login to the Billing console:

https://console.aws.amazon.com/billing/

From the left pane, click on Budgets -> Create budget:

Budget Type: Cost
Name: Monthly budget for account <AWS_Account_ID>

Note: Replace AWS Account ID with your actual account ID, as appear inside https://console.aws.amazon.com/billing/home#/account

Period: Monthly
Start date: Leave default settings
End date: Leave default settings
Budgeted Amount: Specify here the current account budget
Aggregate Costs by: Leave default settings
Include costs related to: Leave default settings
Notify me when actual costs are greater than 80% of budgeted amount
Email contacts: Specify here your email address or mailing list

Click on Create
Logoff the AWS management console

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