That’s exactly what I use. Chances of my house getting robbed is small. Chances of yet another data breach is very high - this year my data was breached at least 2ce that I remember.
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My master password is physically present as a mnemonic device, but not available digitally. Anywhere.
Beyond that I really cannot recommend this book: You need to be able & willing to type your passwords out, which means simpler and shorter passwords. I use 99 character complete random ASCII-strings by default. Try typing that in even once.
But there's a different, unspoken criticism here: don't store your database on a 3rd party server, a.k.a. "The Cloud". I use KeepassXC btw. - and my very own "cloud".
I'm sure grandma could figure out how to do all of this.
Im guilty of this. I dont write out the passwords in plaintext though. Its mostly just a few letters to remind me of which version of my many "master" passwords i used and then asterisks. ~PW0****$~ kinda thing. I know its bad but I can't bring myself to trust a password manager.