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In this tutorial, Kevin demonstrates how to password protect a Microsoft Word document, using the latest version that comes with Office 365. He emphasizes the importance of protecting sensitive information, especially when dealing with critical data like financial statements. Kevin shares his own income statement as an example, illustrating various income sources and expenses, including job income and YouTube revenue. He highlights common financial elements such as credit card payments, mortgages, and student loans. The tutorial sets the stage for viewers to learn how to secure their documents effectively.