From the course: AWS Essential Training for Developers

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Saving money in EC2

Saving money in EC2

- [Instructor] The instances that we just spun up are called on demand instances, and we can turn them off at any time to stop accumulating billing charges. But if you can help out AWS by telling them upfront what your usage will be over, say the next year, you can help AWS plan out their needed hardware capacity. And as a thank you, they'll give you some discounts on your usage. In a new browser tab, go to https://calculator.aws. Click on create estimate, and select the t3.micro instance we looked at earlier. To get some savings over the on-demand pricing, an EC2 instance savings plan will allow you to change the size of your server over the course of your contract, but you must stay within the same instance family. So you could go from a t3 medium to a t3 large, or switch between Linux and Windows instance types. If you want to be able to switch instance families entirely, or you want to use some of the other serverless…

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