Savings Plans

What it is: A discount model based on committing to a consistent spend ($/hour) for 1 or 3 years.

What it’s for:

• Get discounts with more flexibility than some instance-specific reservations.

Key ideas:

• You commit to a dollar amount per hour.
• Applies across eligible compute usage (depending on plan type).
• Useful when you may change instance families/sizes over time.

Exam cues:

• “want discount but need flexibility to change instance types” → Savings Plans.

Hard words:

• *consistent* /kənˈsɪstənt/: đều đặn/nhất quán
• *eligible* /ˈelɪdʒəbl/: đủ điều kiện
• *applies* /əˈplaɪz/: áp dụng