The average person has dozens, if not hundreds, of online accounts. Remembering a unique, strong password for each one is practically impossible, which is why so many people reuse the same few passwords everywhere. Password managers offer a better solution.
How they work
A password manager stores all your passwords in an encrypted vault. You only need to remember one strong master password to unlock it. The manager can then fill in your login details automatically on websites and apps.
Generating strong passwords
Most password managers can create long, random passwords for each new account. Because you never need to type or remember them, they can be as complex as you like.
Is it safe to put everything in one place?
A well-designed password manager encrypts your data on your own device before it is synced anywhere, so even the company running the service cannot read your passwords. The bigger risk for most people is reusing passwords, because a single breach on one website can expose all their other accounts.
Add a second layer
Protect your password manager with two-factor authentication. Even if someone discovers your master password, they will still need access to your phone or security key to get in.