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Mike Mancini discusses a solution to managing an overwhelming number of receipts he collects daily, both physically and digitally. He receives multiple receipts from lunch, client meetings, and various transactions, which he typically tosses into boxes. This disorganized approach leads to chaos during tax season when he has to sift through them. Additionally, he mentions receiving 5-6 digital receipts daily that often need to be printed and organized in folders for his accountant. Mike promises to share a quick five-minute hack to streamline this process and simplify receipt management.