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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 from a few kilobytes to a few megabytes, slowing down the system. Saving the file as a binary spreadsheet can help reduce its size and improve performance. To do so, navigate to the file, click on save as, enter a file name and location, then select the Excel binary workbook option from the save as pane.