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In this video tutorial, the creator teaches how to create an automated budget template in under 15 minutes. The template will help track finances by showing the remaining amount in each category based on user entries and allows month selection through a drop-down list. Viewers are encouraged to subscribe for weekly videos and provide feedback in the comments. The first step involves creating a transaction entry table with specific headers: month, date, transaction description, transaction category, and income value. Simple customization of the headers is also suggested.