How do I make a template on Microsoft Word.?

I want to be able to make a template sort of on Microsoft Word 2007 with all the characteristics needed for an MLA outline. The question isn't really about MLA format necessarily but just how to make a template on Microsoft word and save it so I can access it when i need to. This may sound lazy but it's a pain to have to go through and change ALL the settings to make it MLA every time I need to use it, so I wan to kind of make a blank doent and have all the settings saved. I've seen when you go to new and it has all the templates and some say they where submitted by people not provided my Microsoft so I'm pretty sure i can do it... Thanks :)