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Peh said:
Don't.
First: Netflix will cancel your contract, which is not a real issue in itself.
Second: You will have to pay for the damage you did by sharing your account and could get sued. But there is yet no case known where people actually got sued. So, it's more likely that nothing will happen in this case.

I personally don't recommend it for whatever reason, but it's your life...

Yeah, chances of anything like this happening are about as good as getting arrested for jaywalking.

I've shared, because I have 4 screens simultaneous viewing in ultra HD (how the heck am I going to use 4 screens at the same time if the account isn't shared, btw) and am paying the premium price. Never had an issue, not even a cease and desist letter (have gotten it for going to websites that stream free hollywood movies so I know they aren't a myth).

You're living in a misplaced fear.