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Can I set a limit to how much I am spending on Azure resources after my trial ends?

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The trial version of Azure comes with some limits, after which they will disable the account limit. However, a regular azure account only has limits on the number of resources that are being used. Each service comes with a set of limits. If somebody wants to go beyond these limits they will have to make a request for it.

As far as a trigger or alert is to be set about reaching a certain amount, that sort of facility is not provided by azure as of now. There is no provision for you to know that your costs have gone up by a certain amount.

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