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In this tutorial, Kevin demonstrates how to password protect an Excel spreadsheet, emphasizing its importance for safeguarding sensitive information such as financial data. As a Microsoft employee, he introduces the topic before showing the process on his PC using the latest version of Excel from Office 365. He mentions that earlier versions, like 2019, 2016, and 2013, also support password protection, although he cannot guarantee compatibility for all versions. Kevin opens an Excel file containing important financial information, specifically an income statement related to his YouTube revenue, and prepares to guide viewers through the steps to secure the spreadsheet with a password.