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In this tutorial, Kevin demonstrates how to password protect a Microsoft Word document using the latest version of Word from Office 365. He emphasizes the importance of securing sensitive information within documents, citing personal financial data as an example. Kevin provides a brief overview of his own income statement, highlighting aspects such as job income, YouTube revenue, and various expenses like credit cards, mortgage, and student loans. The video aims to help users safeguard critical information they may wish to keep private from unauthorized access.