If you forget your standard Money password (not a Windows Live ID password), and your Money file is already open, you must type your old password, and then add a new one in the Password Manager.

However, if you forget your standard password and your Money file is not already open, there is no way to reset the password and recover your Money file. If this happens, you'll need to create a new Money file and begin again.

1. On the File menu, click Password Manager.
2. Click I want to change or remove my Money password, and then click Next.
3. To remove your existing password, type your old password, click Remove.
4. Confirm that you want to remove your Money password, and then click Next.
5. Click Done.
6. On the File menu, click Password Manager.
7. Choose whether you want a Windows Live ID or a standard Money password, and then follow the instructions on the screen to add your new password information.

You can't recover a Windows Live ID password that you have forgotten. However, you can reset a forgotten password by creating a new password.