spending

You can assign cost allocation tags to AWS resources. Each tag has a unique key and a value. Cost allocation tags can be used to track costs at a detailed level. Cost allocation tags appear on your cost allocation report. In this report, you can categorize and track your costs.

AWS Budgets is a service designed to create custom budgets. It can be used to explore and manage cost. It is however, not designed to track and categorize spending at a detailed level. You should use cost allocation tags track and categorize AWS spending.

Further reading:

https://docs.aws.amazon.com/awsaccountbilling/latest/aboutv2/cost-alloc-tags.html

https://aws.amazon.com/aws-cost-management/aws-budgets/

By master