Working with Office
The Favorites menu on the Start menu lists your favorite Web pages, the ones you told Internet Explorer to “bookmark” for you, so you could visit them again without having to hunt for them.
What’s nice about the Favorites menu is that you can add your favorite Excel spreadsheets, PowerPoint presentations, and Word documents to it, so you don’t have to hunt for them the next time you want to open them.
To do this, open the file and display the Web toolbar (select Toolbars from the View menu, then Web from the submenu; or right-click any toolbar and select Web). On the Web toolbar, click Favorites, then Add to Favorites. Choose a location to save the Favorite link to, then click Add.