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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 documents with sensitive information, such as financial data. Kevin displays his income statement, detailing sources of income like job earnings and YouTube revenue, as well as various expenses including credit card payments, mortgage, and student loans. The tutorial aims to help users safeguard critical information from unauthorized access by applying password protection to their documents.