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In this tutorial, Kevin demonstrates how to password protect a Microsoft Word document using Office 365. He emphasizes the importance of securing sensitive information, such as financial data, that should not be accessible to others. Kevin opens Microsoft Word and introduces a sample document containing personal financial details, including job income, YouTube revenue, and various expenses like credit card payments and student loans. He highlights the need for protection due to the critical nature of the information contained in the document, setting the stage for the password protection process that he will explain.