A good way to manage your Hotmail or Live account via Office Outlook.
Below are the steps to configure Hotmail account to Microsoft Office Outlook
Download Outlook Hotmail Connector available here
Double click the downloaded setup i.e. OutlookConnector.exe
Accept the terms and click on Install
The setup will do the installation.
Click on Finish
Click on File -> Info
Under Account Information, click on Add Account button.
In the Add New Account dialog box, select Manually configure server settings or additional server types and click Next.
Select Other and select Microsoft Outlook Hotmail Connector from the list.
Enter user information in the Windows Live Hotmail Settings dialog box. Click Ok.
Click Finish to complete the setup.
Hope this helps.