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:

- On-Demand pricing is the most flexible and expensive option, ideal for unpredictable workloads.

- Reserved Instances and Savings Plans offer significant discounts for a 1 or 3-year commitment, perfect for steady-state applications.

- Savings Plans are more flexible than Reserved Instances, applying discounts to a dollar commitment across various compute services.

- Spot Instances provide the deepest discounts (up to 90%) but can be terminated with a two-minute warning, making them suitable only for fault-tolerant workloads.

- Data transfer into AWS is free, but transferring data out to the internet or between AWS regions incurs costs.

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