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In this video tutorial, the presenter guides viewers on creating a budget template that automates calculations based on entered data. The template will show the remaining balance in each expense category and will adjust according to the selected month from a drop-down menu. The process is designed to take less than 15 minutes to complete. The tutorial begins with the creation of a transaction table, where users will input details including month, date, transaction description, category, and income value. Viewers are encouraged to subscribe for weekly updates and engage with the content through likes and comments.