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USB external storage device needed to open program

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My Money file is on my hard disk (C),  and I used to back up the Money file on an external USB device, but recently decided to keep my backups offline for security reasons.  I then found that I could not even load the Money program unless the USB device was connected. 

In the Money program backup settings I have changed the backup file location to my fixed disk (C) but I still need to connect the USB before I can start Money.  The program is obviously still trying to put a lock on the USB device because if I attempt to select the option to Safely Remove Hardware (USB) I receive a message saying that the device is in use (until I close Money). 

I have a synched copy of the Money file on my laptop which I can use without any problem and without having the USB device connected.  I have tried repairing the Money file which does not help.

How can I remove Money's obsession with the redundant USB disk? 


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