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In this video tutorial, the presenter explains how to create an automated budget template in less than 15 minutes. The template will track finances by allowing users to input transactions, automatically updating available funds in each category and adjusting month selections via a drop-down list. The tutorial encourages viewers to subscribe and enable notifications for weekly uploads, and to engage by liking and commenting. The first step involves setting up a transaction table with specific headers: month, date, transaction description, transaction category, and income value. Viewers are invited to customize the headings as they see fit.