Because of the potential for security threats, experts advocate securely storing your seed phrase (the master key that unlocks your wallet) in a physical location rather than on an internet-connected device (even in a password manager). However, you could argue that storing your seed phrase in a password manager is still safer than doing anything like screenshotting it or saving it in an online document, which some individuals who are new to crypto would do. For folks who only have a tiny quantity of crypto and have a lot less to lose, storing information in a password manager may be more handy.
