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Saving your work frequently in Excel 2010 is crucial to prevent data loss due to unexpected shutdowns. To save, you can use the "Save As" option, which allows you to select a file name and location. This is ideal for first-time saves or when creating a different version of a workbook. After that, you can use the regular Save command from the Quick Access Toolbar to save your workbook in the same location and under the same name. If you forget to save, Excel's AutoRecover feature automatically saves a copy every 10 minutes. To access autosaved versions, open a previously closed workbook, go to Backstage View, and check under Info.