One of the things I love about Outlook is its drag-and-drop features. For example, creating email subfolders for categorizing emails by subject, I can drag emails I want to save in to the appropriate folder.

But I can also drag emails to my calendar. Sometimes you receive an email for something that must go on your calendar. All you have to do is drag the email from your Inbox to the Calendar icon in the Navigation Pane (left side of screen). An appointment window opens where you fill in the date and time – Save & Close. If you check your calendar you’ll see the appointment with all the details in the email included!

You can go a step further and color code your appointments. Here is an example. Let’s say I color-code all of my travel related calendar items red. I receive a flight confirmation email from my airlines, so I drag and drop the email on my calendar icon. When the appointment window opens, I set the date/time of the flight and color code it red by clicking on the Categorize drop-down button on the Outlook 2007 ribbon (click on the Categories drop-down box in Outlook 2003). Save and close.  An example is pictured below.
OutlookCalendarColorCode