Question : copy selected macros to a brand new workbook

I found a similiar questio to mine...

Q:  I have some macros that are now saved in my personal workbook. I would like to save these macros in a sample workbook

A:
1 create a new module (Module1) in a new workbook
2 from the VBE (Atl-F11), scroll to PERSONAL.XLS in the project pane (upper left pane),
3 select & copy the macros you want to save and paste them into the new module.

I am new to VBA Excel macros, and have only used Excel 2007

Is "1" just opening Excel 2007?
I don't understand "2" and "3" (e.g. what is project pane?, where are the macros, and how do I paste them into (what) new module?

Answer : copy selected macros to a brand new workbook

open the file I attached, press Alt F11, you see the code if not press CTRL R