Is it necessary to store hashed password if I'm the only user?

I've created a login page using PHP. There is no user registration system, I just manually added a user and password (without hashing) using phpMyAdmin in the cpanel.

So when I enter password in the login page and hit submit, it just checks whether the password entered in the form is matched with the password that is stored in the database (without using any password_verify() stuff).

The code looks something like this:

$password = mysqli_real_escape_string($conn, $_POST['password']);

if ($password == $row['password']) {
   header("Location: page.php");
} else {
   echo "Wrong user or password";
}

Is it okay if store the password without hashing, if I'm the only user?