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In this Excel tutorial from technologyadvice.com, they demonstrate a simple trick to streamline formulas and save time. By using names instead of cell references, you can make formulas easier to understand and navigate, especially when dealing with complex data sheets. For example, you can name values like shipping costs to simplify calculations. Just click on the cell, go to the formulas toolbar, and assign a name without spaces. This trick can help eliminate errors and confusion when working with multiple formulas and data sets in Excel.