diff --git a/README.md b/README.md
index 2b92556..fecde2b 100644
--- a/README.md
+++ b/README.md
@@ -22,12 +22,25 @@ tenbagger -v
 ```
 ## Getting Started
 
-Add/modify a portfolio with
+Configuration files are stored in the user's root folder.
 
+Configure your portfolio
+
+```sh
+vi ~/.tenbagger/portfolio.yaml
+```
+
+Configure staking rewards
+```sh
+vi ~/.tenbagger/staking.yaml
 ```
-tenbagger --configure
+Configure preferred currency
+
+```sh
+vi ~/.tenbagger/environment.yaml
 ```
-Alternatively, modify the portfolio.yaml in the user_data/portfolio/ folder.
+
+Alternatively, you can change the files in the ~/.tenbagger folder with your preferred text editor.
 
 ## Usage
 Real-time overview of portfolio. The portfolio automatically gets updated with the real-time stock/crypto prices while the app is running. The app can be closed by hitting q or CTRL+C.
diff --git a/setup.py b/setup.py
index 8435652..ad29647 100644
--- a/setup.py
+++ b/setup.py
@@ -48,5 +48,6 @@
       install_requires=INSTALL_REQUIRES,
       extras_require=EXTRAS_REQUIRE,
       author='Aram Koorn',
-      packages=find_packages()
+      packages=find_packages(),
+      package_data={'tenbagger': ['configs/*.json']}
       )
diff --git a/tenbagger/__init__.py b/tenbagger/__init__.py
index 58f3ace..5263f4f 100644
--- a/tenbagger/__init__.py
+++ b/tenbagger/__init__.py
@@ -1 +1,24 @@
-from .version import __version__
+from tenbagger.version import __version__
+from tenbagger.src.utils.builtin_utils import read_from_root, read_json, create_hidden_folder, write_json
+import os
+from pathlib import Path
+
+
+CWD = os.getcwd()
+DIRECTORY = os.path.dirname(os.path.abspath(__file__))
+os.chdir(DIRECTORY)
+FILES = ['staking.json', "portfolio.json", "environment.json"]
+
+HOME_PATH = Path.home()
+TENBAGGER_PATH = f'{HOME_PATH}/.tenbagger'
+create_hidden_folder('tenbagger')
+os.chdir(TENBAGGER_PATH)
+
+HIDDEN_FILES = os.listdir()  # Get files in .tenbagger
+for f in set(FILES) - set(HIDDEN_FILES):
+    os.chdir(DIRECTORY)
+    to_dump = read_json(f'configs/{f}')
+    os.chdir(TENBAGGER_PATH)
+    write_json(loc=f, data=to_dump)
+
+os.chdir(CWD)
diff --git a/tenbagger/cli.py b/tenbagger/cli.py
index b5a186e..bb2f06c 100644
--- a/tenbagger/cli.py
+++ b/tenbagger/cli.py
@@ -1,8 +1,7 @@
 import argparse
 from tenbagger.version import __version__
-from tenbagger.src.utils.utilities import order_by_month, make_percentage
+from tenbagger.src.utils.utilities import order_by_month, make_percentage, read_from_root
 from pyfiglet import Figlet
-from tenbagger.src.configuration.configuration import Configuration
 import pandas as pd
 
 
@@ -10,9 +9,6 @@ def main():
     parser = argparse.ArgumentParser(description="CLI interface for Stock Data",
                                      epilog="Homepage: https://github.com/AramKoorn/TenBagger")
 
-    # Configure
-    parser.add_argument("--configure", action="store_true")
-
     # Portfolio
     parser.add_argument("--portfolio")
     parser.add_argument("--ticker")
@@ -59,10 +55,6 @@ def main():
         account = algo.get_account_data(address=address)
         print(account)
 
-    if args.configure:
-        c = Configuration()
-        c.run_configuration()
-
     if args.scenario:
         from tenbagger.src.passiveIncome.calculator import PassiveIncomeCalculator
 
@@ -75,7 +67,7 @@ def main():
         from tenbagger.src.utils.utilities import read_yaml
         from tenbagger.src.terminal.utils import TermPlots
 
-        portfolio = read_yaml('user_data/portfolio/portfolio.yaml')[args.dividend]
+        portfolio = read_from_root('portfolio.json')[args.dividend]
         df = DividendsPortfolio(portfolio).calculate()
         df = order_by_month(df.groupby(['month', 'year']).Dividends.sum().reset_index(), col='month')
         del df['year']
@@ -91,11 +83,10 @@ def main():
     if args.notify:
         from tenbagger.src.notify.price_target import NotifyPriceTarget
         from tenbagger.src.notify.insider_activity import NotifyInsider
-        from tenbagger.src.utils.utilities import read_yaml
 
         # Read configs
-        port = list(read_yaml('user_data/portfolio/portfolio.yaml').keys())
-        env = read_yaml('user_data/env/environment.yaml')
+        port = list(read_from_root('portfolio.json').keys())
+        env = read_from_root('environment.json')
 
         NotifyInsider().notify_portfolio(port)
         NotifyPriceTarget().notify_high()
@@ -106,7 +97,6 @@ def main():
         # Clean this up
         from tenbagger.src.portfolio.core import Portfolio
         from tenbagger.src.terminal.utils import TermPlots
-        from tenbagger.src.utils.utilities import read_yaml
         from tenbagger.src.textui.apps.portfolio import OverviewPortfolio
 
         pd.set_option("expand_frame_repr", False)
@@ -115,7 +105,7 @@ def main():
         print(f.renderText('Portfolio'))
 
         # Read in ENV settings
-        env = read_yaml('user_data/env/environment.yaml')
+        env = read_from_root('environment.json')
 
         # Print out portfolio
         port = Portfolio(args.portfolio)
diff --git a/tenbagger/configs/__init__.py b/tenbagger/configs/__init__.py
new file mode 100644
index 0000000..e69de29
diff --git a/tenbagger/configs/environment.json b/tenbagger/configs/environment.json
new file mode 100644
index 0000000..b4c10cb
--- /dev/null
+++ b/tenbagger/configs/environment.json
@@ -0,0 +1,5 @@
+{
+  "CURRENCY": "EUR",
+  "MAINPORTFOLIO": "my_portfolio",
+  "TELEGRAMID": "" 
+}
diff --git a/tenbagger/configs/environment.yaml b/tenbagger/configs/environment.yaml
new file mode 100644
index 0000000..843cd9b
--- /dev/null
+++ b/tenbagger/configs/environment.yaml
@@ -0,0 +1,8 @@
+# Here you can specify your preferred environment.
+# E.G. CURRENCY: "EUR"
+
+CURRENCY: "EUR"
+MAINPORTFOLIO: "my_portfolio"
+TELEGRAMID: ""
+TELEGRAMTOKEN: ""
+
diff --git a/tenbagger/configs/portfolio.json b/tenbagger/configs/portfolio.json
new file mode 100644
index 0000000..53126ef
--- /dev/null
+++ b/tenbagger/configs/portfolio.json
@@ -0,0 +1,22 @@
+{
+  "my_portfolio":
+  {
+  "ibm": 10,
+  "aapl": 20,
+  "eth-usd": 2
+  },
+  "WSB":
+    {
+  "wish": 1000,
+  "tsla": 100,
+  "shib-eur": 100000,
+  "nvda": 100,
+  "baba": 100,
+  "bb": 100,
+  "gme": 1000,
+  "amc": 1000,
+  "intc": 1000,
+  "eth-eur": 10
+    }
+}
+
diff --git a/tenbagger/configs/portfolio.yaml b/tenbagger/configs/portfolio.yaml
new file mode 100644
index 0000000..ad9aa21
--- /dev/null
+++ b/tenbagger/configs/portfolio.yaml
@@ -0,0 +1,35 @@
+# This is an example of a portfolio that contains 10 ibm shares 20 appple shares
+# and 2 ethereum tokens. 
+#
+# This is an example. You can delete/modify this portfolio if you want.
+my_portfolio:
+  ibm: 10
+  aapl: 20
+  eth-usd: 2
+
+WSB:
+  wish: 1000
+  tsla: 100
+  shib-eur: 100000
+  nvda: 100
+  baba: 100
+  bb: 100
+  gme: 1000
+  amc: 1000
+  intc: 1000
+  eth-eur: 10
+
+# You can modify the current portfolio or add a new portfolio. Make sure that you use ticker 
+# symbols as listed on yahoo finance. for instance, if you want to add a portfolio called household_portfolio that contains 5 tesla shares:
+household_portfolio:
+  TSLA : 5
+
+# Some hypothetical portfolio containing stocks and crypto
+hypothetical_portfolio:
+  algo-eur: 2500
+  IBM: 10
+  BTC-USD: 0.5
+  AAPl: 2
+  ETH-USD: 2
+  TSLA: 10
+
diff --git a/tenbagger/configs/staking.json b/tenbagger/configs/staking.json
new file mode 100644
index 0000000..c001278
--- /dev/null
+++ b/tenbagger/configs/staking.json
@@ -0,0 +1,7 @@
+{
+ "eth-usd": 0.0735, 
+"eth-eur": 0.0735,
+"dot1-usd": 0.1313,
+"dot1-eur": 0.1313,
+"algo-eur": 0.06
+}
diff --git a/tenbagger/configs/staking.yaml b/tenbagger/configs/staking.yaml
new file mode 100644
index 0000000..3cc587c
--- /dev/null
+++ b/tenbagger/configs/staking.yaml
@@ -0,0 +1,5 @@
+eth-usd: 0.0735
+eth-eur: 0.0735
+dot1-usd: 0.1313
+dot1-eur: 0.1313
+algo-eur: 0.06
diff --git a/tenbagger/src/portfolio/core.py b/tenbagger/src/portfolio/core.py
index 2de2065..05ce113 100644
--- a/tenbagger/src/portfolio/core.py
+++ b/tenbagger/src/portfolio/core.py
@@ -1,4 +1,5 @@
-from tenbagger.src.utils.utilities import read_yaml, Ticker, make_percentage
+from tenbagger.src.utils.utilities import Ticker
+from tenbagger.src.utils.builtin_utils import read_from_root
 from tenbagger.src.portfolio.crypto import PortfolioCrypto
 import datetime
 import pandas as pd
@@ -13,7 +14,7 @@ def __init__(self, name_port):
         super().__init__()
         self.name_port = name_port
         self.portfolio = self._select()
-        self.env = read_yaml('user_data/env/environment.yaml')
+        self.env = read_from_root('environment.json')
         self.tickers = {}
         self.c = CurrencyRates()
         self.ticker_info = {}
@@ -52,7 +53,7 @@ def _select(self):
         if isinstance(self.name_port, dict):
             portfolio = self.name_port
         else:
-            portfolio = read_yaml('user_data/portfolio/portfolio.yaml')[self.name_port]
+            portfolio = read_from_root('portfolio.json')[self.name_port]
 
         return portfolio
 
diff --git a/tenbagger/src/portfolio/crypto.py b/tenbagger/src/portfolio/crypto.py
index 3b63f8a..8a8daf8 100644
--- a/tenbagger/src/portfolio/crypto.py
+++ b/tenbagger/src/portfolio/crypto.py
@@ -1,13 +1,12 @@
-from tenbagger.src.utils.utilities import read_yaml
-import numpy as np
+from tenbagger.src.utils.utilities import read_yaml, read_from_root
 import pandas as pd
 
 
 class PortfolioCrypto:
     def __init__(self):
-        self.apy = read_yaml('configs/staking.yaml')
+        self.apy = read_from_root('staking.json')
 
-    def staking_rewards(self, df : pd.DataFrame):
+    def staking_rewards(self, df: pd.DataFrame):
         df['staking_rewards'] = df.ticker.str.lower().map(self.apy) * df['value']
         df['apy'] = df.ticker.str.lower().map(self.apy)
 
diff --git a/tenbagger/src/scripts/insiders.py b/tenbagger/src/scripts/insiders.py
index d93dd31..bddaeea 100644
--- a/tenbagger/src/scripts/insiders.py
+++ b/tenbagger/src/scripts/insiders.py
@@ -1,9 +1,4 @@
 import pandas as pd
-import datetime
-import yaml
-
-def prGreen(skk):
-    print("\033[92m {}\033[00m" .format(skk))
 
 
 def format_insiders(ticker):
@@ -19,8 +14,6 @@ def format_insiders(ticker):
 
 if __name__ == "__main__":
 
-    with open(r'configs/ColorCodes.yaml') as file:
-        color_config = yaml.load(file, Loader=yaml.FullLoader)
-
     ticker = 'IBM'
     df = format_insiders(ticker)
+    print(df)
\ No newline at end of file
diff --git a/tenbagger/src/utils/builtin_utils.py b/tenbagger/src/utils/builtin_utils.py
new file mode 100644
index 0000000..a931695
--- /dev/null
+++ b/tenbagger/src/utils/builtin_utils.py
@@ -0,0 +1,46 @@
+import json
+import os
+from pathlib import Path
+import logging
+
+
+def read_json(loc : str):
+    '''
+
+    :param loc: path to file
+    :return: yaml converted to a dictionary
+    '''
+    with open(loc) as f:
+        data = json.load(f)
+
+    return data
+
+
+def write_json(data, loc):
+    with open(loc, 'w') as json_file:
+        json.dump(data, json_file)
+
+
+def read_from_root(file: str):
+
+    cwd = os.getcwd()
+    home_path = str(Path.home()) + '/.tenbagger'
+    os.chdir(home_path)
+
+    data = read_json(loc=file)
+    os.chdir(cwd)
+    return data
+
+
+def create_hidden_folder(name: str):
+
+    cwd = os.getcwd()
+    home_path = Path.home()
+    os.chdir(home_path)
+
+    if os.path.exists(f".{name}"):
+        logging.info("Folder already exist")
+        return
+
+    os.mkdir(f".{name}")
+    os.chdir(cwd)
\ No newline at end of file
diff --git a/tenbagger/src/utils/utilities.py b/tenbagger/src/utils/utilities.py
index 1af0fd1..90c920a 100644
--- a/tenbagger/src/utils/utilities.py
+++ b/tenbagger/src/utils/utilities.py
@@ -1,12 +1,39 @@
 import yfinance as yf
 import yaml
-import numpy as np
 import datetime
 import pandas as pd
-from bs4 import BeautifulSoup
 from requests import get
 import json
+from pathlib import Path
+import os
+import logging
 import re
+import json
+
+
+def read_from_root(file: str):
+
+    cwd = os.getcwd()
+    home_path = str(Path.home()) + '/.tenbagger'
+    os.chdir(home_path)
+
+    dict = read_yaml(loc=file)
+    os.chdir(cwd)
+    return dict
+
+
+def create_hidden_folder(name: str):
+
+    cwd = os.getcwd()
+    home_path = Path.home()
+    os.chdir(home_path)
+
+    if os.path.exists(f".{name}"):
+        logging.info("Folder already exist")
+        return
+
+    os.mkdir(f".{name}")
+    os.chdir(cwd)
 
 
 def make_percentage(df: pd.DataFrame, value: str, groupby: str):
@@ -157,6 +184,11 @@ def read_yaml(loc : str):
         return yaml.load(file, Loader=yaml.FullLoader)
 
 
+def write_yaml(loc: str, dict):
+    with open(f'{loc}', 'w') as file:
+        yaml.dump(dict, file)
+
+
 def order_by_month(df, col):
 
     # Create mapping dictionary
diff --git a/tenbagger/version.py b/tenbagger/version.py
index 4910b9e..8088f75 100644
--- a/tenbagger/version.py
+++ b/tenbagger/version.py
@@ -1 +1 @@
-__version__ = "0.7.3"
+__version__ = "0.8.1"
diff --git a/test/utilities/test_utilities.py b/test/utilities/test_utilities.py
index 28aa2e4..d36e777 100644
--- a/test/utilities/test_utilities.py
+++ b/test/utilities/test_utilities.py
@@ -1,7 +1,22 @@
-from tenbagger.src.utils.utilities import read_yaml, order_by_month, Ticker, make_percentage
+from tenbagger.src.utils.utilities import read_from_root, read_yaml, Ticker, make_percentage, create_hidden_folder
 import pandas as pd
 import numpy as np
 from pandas._testing import assert_frame_equal
+import os
+from pathlib import Path
+
+
+def test_create_hidden_folder():
+    cwd = os.getcwd()
+    create_hidden_folder(name="test_folder")
+
+    assert os.getcwd() == cwd
+
+    os.chdir(str(Path.home()))
+    assert os.path.exists('.test_folder')
+
+    os.rmdir('.test_folder')
+    assert not os.path.exists('.test_folder')
 
 
 def test_make_percentage():
@@ -14,7 +29,7 @@ def test_make_percentage():
 
 
 def test_read_yaml():
-    cfg = read_yaml('user_data/env/environment.yaml')
+    cfg = read_from_root('environment.json')
     assert "CURRENCY" in cfg.keys()