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Simon Says subscribe and click on the Bell icon to receive notifications. In this tutorial, you will learn how to reduce the size of Excel files as the data and complexity increase. Excel file sizes can range from kilobytes to megabytes, becoming slow and difficult to share with large data. By saving the file as a binary spreadsheet, you can reduce the file size. Simply go to file, save as, select the Excel binary workbook option, and save the file in binary format.