# Cloud rightsizing and budget management Effortlessly manage your budgets and receive instant notifications if your expenses are at risk of exceeding the set limits. ## What are Budgets? Budgets in CloudSpend let you set and track spending limits across cloud accounts, services, or business units. You can define thresholds, receive real-time alerts, and monitor spending against your targets—ensuring cost control at every level. Budgets support multiple notifications via email, Slack, or Teams, and allow customization by time period or team. This helps you avoid surprises, enforce financial discipline, and improve accountability across your organization. With Budgets, you gain the ability to stay within planned spend, align teams to financial goals, and manage costs proactively. ## Take control of your cloud budgets Rightsize cloud ### Streamlined yearly, monthly, and quarterly budgeting Easily create and manage monthly or quarterly budgets. Assign budgets to specific cost reports and monitor both projected and actual spending in real time. ![Rightsize cloud](https://cdn.manageengine.com/sites/meweb/images/cloudspend/cs-budget-accounts.svg) Budget alerts ### Get real-time budget alerts Stay ahead of overspending with automatic alerts sent via Slack, email, or Microsoft Teams. Receive quick access to details for an efficient investigation and resolution. ![Budget alerts](https://cdn.manageengine.com/sites/meweb/images/cloudspend/cs-budget-alerts.svg) Custom alert ### Set personalized alert thresholds Customize your budget alert thresholds based on your unique spending patterns and tolerance. Set multiple notification levels using intuitive, natural language settings. ![Custom alert](https://cdn.manageengine.com/sites/meweb/images/cloudspend/cs-budget-thresholds.svg) ## Featured resources ### What is budgeting and forecasting in cloud cost management? Blog With CloudSpend Budgets businesses receive detailed insights into their cloud costs, automated alerts for potential budget breaches, and intelligent insights [Read more](https://blogs.manageengine.com/cloudspend/2024/11/27/cloudspend-budgets.html) ### In-depth guides to FinOps Articles Go deep on cost optimization, tagging, governance, AI spend, and more, with practical guidance you can act on. [Read articles](https://www.manageengine.com/cloudspend/articles/) ### Cloud cost terms, made clear FinOps Glossary Look up the FinOps, cloud cost, and AI spend terms your team keeps running into, explained in plain language. [Browse the glossary](https://www.manageengine.com/cloudspend/finops-glossary/) ### Help and documentation User Guide Get set up quickly and learn how to use every CloudSpend feature, step by step. [Read more](https://www.manageengine.com/cloudspend/help/budget.html)