No. of Recommendations: 2
How I do it...and maybe others, more or less paranoid, might find issue.
One 'core' password...happens to be my daughters name. 7 letters
For low level secure sites that don't use billing information I add a single digit somewhere in the name.
For medium level sites that have CC info and other billing data I use two digits, spaced in different places along the name.
For high level secure sites: name plus three digits plus three additional letters.

Basically that gives me only three passwords and theoretically someone could break in to one and possibly use it but I find that idea vanishingly small.

Just my 2 cents.
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