Indeed we should change our passwords regularly and thats why I rather use your method.

That way I can keep my passwords with me withoud the need to store them.

Is kinda hard to change a password because I have 2 computers in my office and my laptop so it is a pain in the ass to change a password because i would have to save it somewhere, a usb or my owncloud server. And i don't really feel comfortable doing any of those.

With your password generator is safer as even if someone would gain access to my files there won't be a place where to look at for my passwords. So I can change them constantly.

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