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In this video tutorial, the presenter teaches viewers how to create a budget template that automates calculations based on the user's input in a tracker. The template will show the remaining money in each category and adjust according to the selected month from a drop-down list, all in under 15 minutes. Viewers are encouraged to subscribe and turn on notifications for weekly updates. The tutorial begins by creating a transaction table with specific headers, including month, date, transaction description, transaction category, and income value, though viewers are welcome to customize their headings.