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In this tutorial, Simon explains how to reduce the size of Excel files as they become larger and more complex. Excel files can range in size from kilobytes to megabytes, with larger files becoming slower and difficult to share. One way to reduce file size is by saving the file as a binary spreadsheet, which can be done by navigating to file, clicking on save as, entering the file name and location, selecting the Excel binary workbook option, and clicking on save.