Reduce space on notebook computer with two nextcloud accounts

I have two users on a notebook computer that is used by both my wife and I. I am wondering if there is a way to setup nextcloud so we do not each have a Nextcloud folder in our Home directories? As it is now, my installation for the client creates a separate folder for each notebook user and then later when I get on the notebook, I have lots of update and it makes things slow.

Anyone have any suggestions on how to set things up so we can share the same common Nextcloud folder on one notebook without additional problems with the actual files in that folder?

Thanks in advance for your help.