A good password is consisting of minimum 8 random characters, it should includes capital, small letter, number and special characters. For added security you should have one password for one login to a website/account especially for important logins such as internet banking, email account, hosting login, etc.
Now with so many accounts we have nowadays, say internet banking, paypal, ebay, facebook, etc. it would be difficult to have one password for each account with 8 random characters at minimum. That is why we need a password manager.
KeePass Password Safe is a free, open source, light-weight and easy-to-use password manager for Windows. You can store your passwords in a highly-encrypted database, which is locked with one master password or key file.
Using KeePass you only need to memorize one master password that you need to login to KeePass encrypted file to access your lists of password.
Once you logged in to KeePass, you’ll present with list of password you have. You can arrange the list to groups such as internet, banking, network, etc.
The password generator tool will help you to generate random and difficult to guess password. What you need to do is setting the length of password and character set that you wanted to be included in the password.
KeePass give you the benefit that you have secure password for your online accounts and the easiness in managing it without having to memories all the passwords.