Good to know that it's possible to create multiple wallets in a wallet program.
don't confuse a wallet with a bitcoin address.
you can have 1 wallet and have an as many as bitcoin addresses you want inside that 1 wallet and do what you have in mind with them.
you don't necessarily have to create a new wallet. you just have to tag them with a name or description so that it is easier to separate them.
No, I do in fact mean separate wallets, not addresses. Say I want to have one wallet for me, one for mum & one for dad since they don't know what they're doing. Or if I would like to have 5 wallets for myself to spread out the risk.