Originally Posted by ERD50
Yes, that's possible, but maybe I overstated it a bit when I said "simple keys". I would use something relatively complex for the KEY#1 and KEY#2, but still easy to remember like a mnemonic for a phrase that I would know.
KEY#1 might be WhTkNtDaH245 (We have Three kids Named Tom dick And harry. 2-4-5 is the letters in the first 3 words)
KEY#2 might be MfIciV273 (My favorite Ice cream Is vanilla, then #'s)
Combine Key#1 and Key#2 with your unique code for that institution to make up the entire password.
I have different ways for doing passwords depending upon how important they are and whether I need to personally remember the passwords.
For a few passwords I have a system like the above.
For passwords for sites that it really doesn't matter I have a common password that I use for all of them and then part that individualizes it for the site.
For the other sites, I want to use unique passwords to each one but I really don't have to remember those passwords.
What works for those and stores most of the rest is Roboform. It can generate random strong passwords based upon the criteria I set (you tell it what special characters and length for example), then it generates a random password. I don't have to remember it. Instead I just have to remember my master password to Roboform. It is like one of those that ERD50 suggests but has some special characters as well.
I feel comfortable with this.
As far as online banking the only sites that really really matter to me for security are my bank and where I have my money (most Vanguard). Those I have strong passwords for and don't use anything even close to those passwords anywhere else. More to the point I log in to those accounts every business day so I would notice if anything untoward was happening.