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Today's video tutorial demonstrates how to create a VS Code snippet, set it up with a keyboard shortcut, and use advanced snippet features to save time. Custom snippets can greatly improve workflow efficiency. To create a snippet, navigate to user snippets under preferences, where you can choose to create a global snippet file, project-specific snippet file, or language-specific snippet file. Creating a global snippet file is recommended. Simply name your file and press enter to start customizing your snippets.