Is there any way to create another Apple ID while still using billing information and purchases from a previous one?

We have 5 iDevices on one account and I cannot use features like iCloud without mixing information with the rest of my family. We've made due for years, but it's getting very tedious. I would love to have my own ID and password but still be able to be under my parents' billing information. (The more I think about it, the more I begin to doubt the liklihood of the possibility)
At the very least, is there a way I can create a new ID and keep/transfer the purchases (and all other information like contacts, notes, etc.) I've made on the original account without starting over?

For Family Sharing, why must I add a credit card to add a child? Please explain why my debit card, on file, isn't enough…
Create an iTunes Store, App Store, or iBooks Store account without a credit card or other payment method - Apple Suppor…
Family Sharing and Apple IDs for kids - Apple Support
Set up and manage iTunes Allowance - Apple Support

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