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Mike Mancini discusses a simple five-minute hack to manage the overwhelming number of receipts he accumulates monthly and annually. He frequently collects physical receipts from meals, client meetings, and expenses, which he previously tossed into a box for later sorting. Additionally, he receives multiple email receipts daily that often require printing and filing. This disorganization forces him to sift through piles of receipts during tax season, leading to a chaotic experience when preparing for his accountant. The tutorial aims to provide a more efficient solution to streamline the receipt management process.