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At the end of each month or year, Mike Mancini finds himself overwhelmed with boxes of receipts from various activities, including meals and client meetings. To tackle this issue, he introduces a simple five-minute hack to manage his receipts more efficiently. He shares that he accumulates multiple physical receipts daily and also receives several receipts via email, which he often has to print and organize. This process leads to a disorganized pile, resulting in a daunting task when he visits his accountant at tax season, armed with folders full of scattered receipts.