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Raymond explains how to save files on a Chromebook, offering two options: saving them locally in the Downloads folder or on an external storage device, and saving them in the cloud using Google Drive. He emphasizes that the Downloads folder is for temporary storage. To save a file from the web, users can choose to save it to the Downloads folder or Google Drive. The Files app can be used to access and manage files, accessed by clicking the Launcher and the Files app icon on the desktop.