There are 4 options for password storage:
1. a text-only-file (simple but not safe)
2. Online-Password-Apps (simple, but not safe)
3. 1Password-App (great, but too expensive)
4. OpenSource-Apps (free, but limited)...so what:
This is a good beginning! Simple, Safe and nice!
Keep On Rockin, Guys!
(3.5 stars because of missing features like automate backups, csv/txt-upgrade-backup-export...)