# token-budgeting > Best practices for managing token usage and budgets - Author: Felipe Pimentel - Repository: felipepimentel/kor-sdk - Version: 20260120085443 - Stars: 0 - Forks: 0 - Last Updated: 2026-02-06 - Source: https://github.com/felipepimentel/kor-sdk - Web: https://mule.run/skillshub/@@felipepimentel/kor-sdk~token-budgeting:20260120085443 --- --- name: token-budgeting description: Best practices for managing token usage and budgets tags: [tokens, cost, budgeting, llm] --- # Token Budgeting Skill Use this skill to manage and optimize LLM token usage. ## Commands - `/token-summary` - Get daily token usage summary - `/token-budget` - Check budget status ## Best Practices 1. **Monitor daily usage**: Check summary regularly to track costs 2. **Set budgets**: Configure limits to prevent unexpected costs 3. **Optimize prompts**: Shorter prompts = fewer tokens = lower cost 4. **Cache responses**: Avoid repeated identical queries ## Cost Estimation Approximate costs per 1K tokens (varies by model): - GPT-4o: ~$0.03 input, ~$0.06 output - GPT-4o-mini: ~$0.0015 input, ~$0.006 output - Claude 3.5: ~$0.003 input, ~$0.015 output