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In this tutorial, the host demonstrates how to properly format dates in Excel, particularly when the dates are initially recognized as text. If Excel does not change the date format after using the Format Cells option, users should go to the Data tab and select "Text to Columns." After choosing "Delimited" and clicking through the prompt, users should choose "MDY" in the dialog box to convert the text format into a date format. After conversion, pressing Control + 1 opens the Format Cells dialog, allowing users to customize the date display format, such as setting it to month and year (MMM-YY).