[calebh]

Yes, a password manager is just an encrypted database for your passwords. 1Password synchronizes all of your passwords across devices and makes sure everything is secure. You only need to remember a single "master password", which is never sent outside of your local device. In the event that you lose or forget your master password, the password vault is completely unrecoverable.

1Password can also store other information besides passwords such as credit cards, software license numbers, passport numbers, etc. There is also a secure notes feature for storing arbitrary text.

The other password manager that I tried before 1Password is Lastpass. I ended up choosing 1Password since I think it's better designed and overall feels slicker. The /r/lastpass subreddit is littered with complaints about broken updates and bugs...