That's pretty much my strategy but I have about 30 passwords I reuse for different things. Like you I have 1 for "my weekend project" signups, 3 or 4 for social or other information type accounts, 1 or 2 for non-banking financial stuff eg. PayPal 1 for each main bank account or credit card, one for each main email, then a couple for communications services, the onto unix machines, root passwords, passphrases, SSL certificates, each of those has a pool of 3 or 4 passwords I re-use regularly.
I probably couldn't list them all but the idea is that they each have a common "threat level" and I'm generally able to get the password right for things I use every week first go, then it might take 3 or 4 tries to get it right for services I use less frequently but I rarely have to use the forgotten password link.
I probably couldn't list them all but the idea is that they each have a common "threat level" and I'm generally able to get the password right for things I use every week first go, then it might take 3 or 4 tries to get it right for services I use less frequently but I rarely have to use the forgotten password link.