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In this video tutorial, the presenter teaches viewers how to create an automated budget template that tracks finances based on user input. The template will adjust the available budget in each category according to the selected month from a drop-down list. The entire process can be completed in under 15 minutes. Viewers are encouraged to subscribe, activate notifications, like the video, and provide feedback in the comments. The first step outlined involves creating a transaction table with specific headers, including month, date, transaction description, category, and income value.