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In this Excel 2013 tutorial, the speaker explains how to save a custom template. Upon opening Excel, users find the Start screen with a "Personal" option to view their templates. The speaker demonstrates creating a template called "big cells" with large cells and changes to font and color. To save the template, they click "File," then "Save As," and browse to save it as an Excel template rather than a standard workbook. It's emphasized that the template should be saved in the "Custom Office Templates" folder for easy access in the future. The speaker labels the template as "black" before completing the save process.