When to throw an exception?

Question

I have exceptions created for every condition that my application does not expect. UserNameNotValidException, PasswordNotCorrectException etc.

Answer 1

It is NOT an exception if the username is not valid or the password is not correct. Those are things you should expect in the normal flow of operation. Exceptions are things that are not part of the normal program operation and are rather rare.

EDIT: I do not like using exceptions because you can not tell if a method throws an exception just by looking at the call. Thats why exceptions should only be used if you can't handle the situation in a decent manner (think "out of memory" or "computer is on fire").