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Mike Mancini shares a quick five-minute hack to manage overwhelming receipts accumulated monthly or yearly. As someone constantly on the go, he often collects multiple receipts daily from meals, client meetings, and other expenses. He typically tosses all receipts into a box, leading to a challenging tax season where he must sort through them. Additionally, he receives numerous emailed receipts daily, which he prints and organizes. Ultimately, he ends up with folders of receipts when visiting his accountant. His tutorial aims to simplify this process and reduce the stress of managing receipts.