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In this tutorial, Kevin demonstrates how to password protect a Microsoft Word document using the latest version of Word from Office 365. He highlights the importance of protecting sensitive information, like financial data, to prevent unauthorized access. Kevin showcases his own income statement as an example, detailing sources of income such as job salary and YouTube revenue, alongside various expenses like credit card bills, mortgage, and student loans. This contextualizes the need for document security, especially for critical information. The tutorial aims to guide viewers through the process of adding a password to safeguard their documents.