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Mike Mancini introduces a simple five-minute hack to manage the overwhelming number of receipts he accumulates monthly and yearly. As someone frequently on the go, he collects various receipts from meals, client meetings, and other expenses, leading to a cluttered box filled with them. During tax season, he faces the daunting task of sorting through these receipts. Additionally, he receives several digital receipts daily, which often require printing and organizing. This process culminates in a chaotic experience when he visits his accountant with numerous folders.