Let's say I'm working on my pork belly recipe [I'm not – there's only one you'll ever need] and I want to record a temperature. I don't want to write out "500 degrees" I want to write "500°". How do I do this?
Head over to this Wikipedia page and copy the ° symbol to your clipboard from the first sentence of the page.
In the phrase field, paste your real degree symbol that you copied from Wikipedia.
In the shortcut field, type any shortcut phrase, like maybe the word
Now when you type your shortcut, the real degree symbol (°) will appear automagically.