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In this video tutorial, Simon explains how to reduce the size of Excel files as data and complexity increase, causing the file size to grow from kilobytes to megabytes. Large Excel files can slow down and become difficult to share, so it's important to reduce their size. One way to do this 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, and selecting the Excel binary workbook option. This method helps optimize the size of the Excel file for efficient storage and sharing.
