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In this video tutorial, viewers will learn to create a budget template that automates calculations based on entered data, displays remaining funds in each category, and adjusts according to the selected month. The process takes less than 15 minutes. The tutorial begins with a request for viewers to subscribe and enable notifications for new content, which is released weekly. The first step involves setting up a table for entering transactions, including essential headers: month, date, description of the transaction, category, and income value. This structure allows for effective tracking and management of finances.