I understand you want to save settings/options to a text file and that is very simple. Overwriting it is also easy. I do not see how a resoruce file will be helpful in this case.

To overwrite a text file, simply: Open path\file For Output As #ff. Replace ff with return value of VB's FreeFile() function. The file is immediately overwritten. If you add nothing to the file, it becomes zero-length. Don't forget to close the file when done writing to it.