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In this tutorial, Kevin demonstrates how to password protect a Microsoft Word document, explaining the importance of securing sensitive information. He is using the latest version of Word from Office 365. Kevin highlights scenarios where password protection is essential, such as protecting critical financial data. He briefly showcases his income statement, including job income, YouTube revenue, and various expenses like credit card payments, mortgage, and student loans, emphasizing the need to keep such information secure. The video aims to guide viewers through the steps to safeguard their documents effectively.