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A password manager can be compared to a safe – just for passwords.
You can store your passwords in it and you only need to remember the master password – the password that gives you access to the password manager (like the code to a safe).
Most of us know that it is a huge security risk to use the same password for multiple accounts.
The simple solution would be to use a different password for every different account.
And that is where the password manager comes in. You can store your passwords in it and you only need one master password to access them.
techopedia.com – Password Manager Explained
makeuseof.com – How Do Password Managers Work? 3 Methods Explained
consumerreports.org – Everything You Need To Know About Password Managers