This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.

In this episode you will learn:

- That Total Cost of Ownership (TCO) compares the comprehensive costs of an on-premises data center with the AWS cloud.

- How migrating to AWS shifts spending from upfront Capital Expenditures (CapEx) to variable Operational Expenditures (OpEx).

- The AWS Pricing Calculator is the primary tool for estimating costs for specific solutions you plan to build in AWS.

- Rightsizing is the ongoing process of matching instance resources to workload demands to eliminate waste and reduce costs.

- Reserved Instances and Savings Plans provide substantial discounts for long-term usage commitments, with Savings Plans offering greater flexibility.

For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep