# Creating a Savings Plans budget
<a name="create-savingsplans-budget"></a>

Use this procedure to create a budget that's specifically for Savings Plans utilization or coverage.

**Note**  
It can take up to 48 hours for Savings Plans utilization and coverage metrics to generate, which is longer than the time frame for cost and usage data.<a name="savingsplans-budget"></a>

**To create a Savings Plans budget**

1. Open the Billing and Cost Management console at [https://console.aws.amazon.com/cost-management/](https://console.aws.amazon.com/cost-management/).

1. In the navigation pane, choose **Budgets**.

1. At the top of the page, choose **Create budget**.

1. Under **Budget setup**, choose **Customize (advanced)**.

1. Under **Budget types**, choose **Savings Plans budget**. Then, choose **Next**.

1. Under **Details**, for **Budget name**, enter the name of your budget. Your budget name must be unique within your account. It can contain A-Z, a-z, spaces, and the following characters:

   ```
   _.:/=+-%@
   ```

1. Under **Utilization threshold**, for **Period**, choose how often you want the budget to reset the tracked utilization or coverage. 
   + **Daily** for every day
   + **Monthly** for every month
   + **Quarterly** for every three months
   + **Annually** for every 12 months
   + **Custom** to specify your own start and end dates

   All budget times are in the UTC format.
**Note**  
**Custom** period budgets align with time periods outside of standard reset options. For example, you can create a budget period that matches your fiscal year or project timeline.

1. For **Monitor my spend against**, choose **Utilization of Savings Plans** to track how much of your Savings Plans you used. Or, choose **Coverage of Savings Plans** to track how much of your instance usage is covered by Savings Plans.

   For **Utilization threshold**, enter the utilization percentage that you want AWS to notify you at. For example, for a utilization budget where you want to stay above 90% Savings Plans utilization, enter **90**. The budget notifies you when your overall Savings Plans utilization is below 90%.

   For **Coverage threshold**, enter the coverage percentage that you want AWS to notify you at. For example, for a coverage budget where you want to stay above 80%, enter **80**. The budget notifies you when your overall coverage is below 80%.

1. (Optional) Under **Budget scope**, for **Filters**, choose **Add filter** to apply one or more of the [available filters](budgets-create-filters.md). Your choice of budget type determines the set of filters that's displayed on the console.
**Note**  
You can't use the **Linked account** filter within a linked account.

1. Choose **Next**.

1. Under **Notification preferences**, for **Email recipients**, enter the email addresses that you want the alert to notify. Separate multiple email addresses with commas. A notification can be sent to a maximum of 10 email addresses.

1. (Optional) For **Amazon SNS Alerts**, enter the Amazon Resource Name (ARN) for your Amazon SNS topic. For instructions on how to create a topic, see [Creating an Amazon SNS topic for budget notifications](budgets-sns-policy.md).
**Important**  
After you create a budget with Amazon SNS notifications, Amazon SNS sends a confirmation email to the email addresses that you specified. The subject line is **AWS Notification - Subscription Confirmation**. The recipient must choose **Confirm subscription** in the confirmation email to receive future notifications.

1. (Optional) For **AWS Chatbot Alerts**, you can choose to configure AWS Chatbot to send budget alerts to an Amazon Chime or Slack chat room. You configure these alerts through the AWS Chatbot console.

1. Choose **Next**.
**Note**  
To proceed, you must configure at least one email recipient or an Amazon SNS topic for notifications.

1. Review your budget settings, and then choose **Create budget**.