Assign shortcut key to your most used applications and folders

We have some folders we open now and then. It is tedious to go to its location again and again. But there is a way to ease it. You can assign your shorcut keys to open them. How?? .. Read the following steps and create your personalised shortcuts.

Step 1: Right Click on your desired shortcut you want to assign the key. Click on Properties.

            Note: The shortcut should be located on your desktop.

Step 2: Now click on "Shortcut" tab and then goto the field named "Shortcut Key". The default value
            is "None". Now press the desired key you want to use.
            For eg. - If you want to use M then press M.
            The value will change to Ctrl+Alt+M.

Step 3: This is your shortcut combination.