The correct answer is AWS Budgets. This service is specifically designed to allow users to set custom budgets for their AWS costs and usage, and it can send alerts when these thresholds are exceeded or are forecasted to be exceeded. AWS Cost Explorer is a tool used for visualizing, understanding, and managing AWS costs and usage over time, but it does not have a primary function of alerting based on budget thresholds. The AWS Cost and Usage Report provides the most comprehensive set of cost and usage data, delivered to an S3 bucket for detailed analysis, but it does not include a feature for setting budget alerts. The AWS Pricing Calculator is a tool for estimating the cost of future AWS workloads and is not used for tracking or alerting on actual spending.
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