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In this tutorial, the presenter demonstrates how to create a password-protected text file to securely store account information. The example shown includes various account details and emphasizes the importance of keeping this information backed up, such as on Google Drive, in case of computer loss or damage. To create the file, you'll need WinRAR (with a download link provided in the description). The process involves right-clicking to create a new text document, entering the desired information, and then saving it. Finally, you add the file to an archive and set a password for protection.