On Sun, 13 Aug 2023 17:04:26 +0000
Paras Desai <desaipa...@outlook.com> wrote:

> 4. Neither is a good practice, as at family level, it will
> erroneously show duplicate expenses (mine as gift to wife and, wife's
> actual expenses with gifted fund)

consider another reason it is not good practice
 5. At some time I anticipate your son will leave home and set up an
 independent household. Having to disentangle accounts at that time
 would be very difficult.

Liz
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