Disclaimer: This advice is for the home user and some small business owners. If you work in a corporate environment, consult you I.T. staff regarding password management methods.
It may seem old school or not-secure, but using an alphabetized address book may be the best way to manage your passwords. Let's look at the main options for password management:
-Using one or three passwords for all the different Websites you access
-A password management program, such as LastPass
-Password encryption schemes, such as using acronyms for phrases (e.g. IALTPSAS = I'm a little teapot short and stout) and maybe adding a number to the beginning or end (e.g. 22ialtpsas).
-Keeping passwords in a Microsoft Word document on the hard drive of your computer.
Except for the first and last options in the above list, all of these are viable and relatively secure options. The problem with them is that they may not be feasible for most computer users. You probably have at least a few passwords written down, but they may be scattered about. You may have your passwords written in a book or on a sheet of paper that has lots of other information, therefore making finding your passwords more difficult.
Until other methods of authentication are available, convenient, and widely accepted, password management is here to stay. The future may bring keyboards that can sense who is using them, widely applied thumbprint scanners, facial recognition and other authentication methods that may make keeping track of passwords a smaller burden.