AWS Budgets is a tool that allows users to set AWS spending targets and track costs against those targets. Users can create budgets for various dimensions, such as service, linked account, tag, and more. Users can also receive alerts when the actual or forecasted costs exceed or are projected to exceed the budgeted amount. AWS Cost Explorer, AWS Cost and Usage Report, and Savings Plans are other AWS tools or features that can help users manage and optimize their AWS costs, but they do not enable users to set and track spending targets .
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