Being an Internet user, means that somewhere somehow you have to have a private account accessible only after entering a string of alphanumeric characters known to you only or rather a Password.
A password is a secret word or string of characters that is used for user authentication to prove identity, or for access approval to gain access to a resource – Wikipedia
So, your password prevents unauthorised access to your personal messages, to your online storage service, to your bank accounts (online), to your social accounts (Facebook, Twitter, MySpace, etc) and thus has to be as hard-to-guess as possible.
As more and more of my friends are turning 18 this year, most of them have already taken ownership of their savings account. They now have a Credit Card and some of them are using it for online banking particularly to buy stuffs from eBay.com . That’s great but there are some important points to consider before conducting Online Banking Transactions.