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In this video tutorial, the presenter teaches viewers how to create a budget template that automates calculations based on user inputs in a tracker, displaying remaining funds in each category and adjusting for different months via a drop-down list. The process is designed to take under 15 minutes. Viewers are encouraged to subscribe and enable notifications for weekly updates. The tutorial begins with creating a transaction table and setting up headers, including month, date, transaction description, transaction category, and income values.