Many of us have probably used a single password to secure multiple, or even all of our online accounts. If that password gets stolen, it becomes a skeleton key for your digital life. Your compromised password can be used to gain access to all your accounts along with your sensitive information.
You can think of a password manager as a secure vault in which all your passwords are stored.
In addition to storage, password managers offer an easy way to generate long, unique and complex passwords. They can even autofill your username and password when you encounter a login screen on a website. This means the only password you have to remember is the password to your password manager!