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Window's Live ID not working to access Microsoft Money

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I've got a new computer running windows 7, I am trying to use Microsoft Money Plus and I have created two Windows Live IDs, neither of which are working.  One is connected to my gmail account and the other was a hotmail account I created when my gmail address didn't work. During the initial Microsoft Money Plus setup, I am on the page that says, "Sign in to you Money file" and has fields for a Windows Live ID and password. When I put in both ID(s) and passwords, two boxes popup on the screen, the first says, "The new file 'C:\Users\user\Documents\My Money.mny' cannot be created" and the second says, "The email address or password is incorrect. Please try again".  I've logged into Windows Live with both addresses and passwords successfully, so I'm sure I'm not typing them incorrectly.  What can I do?

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