You can use something like the following to store/read the file:
var dir = Path.Combine(Environment
.GetFolderPath(Environment.SpecialFolder.ApplicationData), "MyProgram");
if(!Directory.Exists(dir))
Directory.CreateDirectory(dir);
var path = Path.Combine(dir, "AccountDatabase.txt");
This will use or create a folder in the App_Data of your user account and then return the path to a file in that folder. See the Environment.SpecialFolder
enum for other locations possible.