Wondering if I should make multiple partitions or keep it as PopOS made it. - eviltoast

Linux noob here. Usually in Windows if I have a 1TB SSD, I make a 250GB partition for Windows and all of its things and I use the rest for a second partition where I install my stuff and store my files.

Usually in case Windows decides to go belly up, I still have my files. In more than 20 years it has never happened but I’ve always done it like that. I mean if Windows goes bad, I can still remove the drive and insert it into a different PC and copy my files away.

Should I shrink Partition 3 and make another one? Or keep it as it is? If I would, I read that I need to boot with a live usb to be able to shrink it. What kind of partition would I make?