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In this video tutorial, the creator demonstrates how to make an automated budget template in under 15 minutes. The template tracks money left in each category and updates based on the selected month from a drop-down list. The tutorial begins with a request for viewers to subscribe and enable notifications for weekly videos. The first step involves creating a transaction table by adding specific headers, including month, date, description, transaction category, and income value. Viewers are encouraged to customize these headers as desired.