I know dont use the same password for any two logins. I can use different, lengthy, complicated, secure passwords for banking, credit cards, health apps...and different, slightly easier ones for everyday apps. And the various lock setting make me feel safe enough that even if my phone gets hacked while Im using it or stolen, Im confident 1Password would keep my data safe.
Txkate about 1Password - Password Manager and Secure Wallet, v6.5.2