The American Academy of Pediatrics  (AAP) recently released findings from a comprehensive study on the impact social media has on kids  and families. Although there are real benefits to kids using sites like Facebook, including increased communication, access to information and help in developing a sense of self, there can be serious downsides to all this online sharing too.
Social networking is on the rise, and the study found that 22 percent of teenagers log onto their favorite social media sites more than 10 times a day, and that 75 percent own cell phones. This level of engagement online increases the risks of cyberbullying, “Facebook depression” (a new phenomenon where “de-friending” and online bullying lead to symptoms of depression), exposure to inappropriate content, and sexting.
Just as we prepare our kids for life in the real world, we should prepare them for life in the online world. Read on for tips that every parent should keep in mind. To safely encourage an internet-savy child check out these Kid-Friendly Social Networking Sites 
No Underage Facebooking Did you know that no one under the age of 13 is permitted to join Facebook? However, there is no real way for Facebook to truly enforce it, because anyone can lie about their year of birth. You need to make sure that your child stays away from Facebook until 13 AND until you are comfortable with him or her having an account. There are measures put in place, such as reporting an underage child, but ultimately, it should be the parent who has the say on when and if that account gets created.
Use Filtering Software There are software suites you can purchase to monitor your child’s Internet usage; many even enable you to view the exact keys that were typed, time spent online and all computer activity in general. Popular programs such as Net Nanny  and PureSight PC let you monitor social media sites, block chats, filter content and much more. You can even monitor your child’s cell phone with a software program like My Mobile Watchdog .
Create Ground Rules If your kids are old enough to be using the computer on their own, they are old enough to understand that there are rules they need to abide by. Breaking them should not have a lesser consequence than if they broke a rule in the offline world. The best way for families to agree on ground rules is to create a contract that all parties must sign. The Family Online Safety Institute  (FOSI) encourages parents and kids to have an open discussion about what these rules mean, and offers a good example of a contract here .
Get To Know What Your Child’s Habits Are You don’t need to be a super sleuth and spy on your kid’s every online move, but it is important to be aware of the kinds of sites he is frequenting and the people he is associating with. You get to know the friends he’s hanging out with at school, and his online friends shouldn’t be any different. One of the contract rules should be that you have full access to his Facebook friends and can take a look whenever you wish.
Keep the Computer in a Central Location It’s much easier to keep tabs on any online activity when the computer is located in a high-traffic zone than if your child is using a computer in the privacy of her own room. Place the computer in a central location like your kitchen or family room so that everything is out in the open.
Urge Your Kids to Avoid Questionnaires, Free Giveaways and Contests A pop-up ad appears and tells kids they can win a free iPad by simply clicking the link. Anyone would be tempted by this kind of offer, but kids are particularly susceptible, so it’s important to warn kids against falling for this kind of Internet trick. Many of these ruses are attempts to glean personal information. Inform kids that even if they are forwarded a fun questionnaire from a friend, it’s best to close the window and not participate.
Monitor the Pictures Your Child Posts Online In an ideal world, your child would never post a photo of herself online, but that might not be entirely realistic. If she wants to share photos with her friends via email or a social networking site, be sure you know exactly which pictures are being posted. Make sure the content of the photo is completely innocuous and that no identifiable locales in the background are noticeable.
Be a Good Example of How to Use Social Media If you are tweeting and updating your Facebook page at a stop light and taking every opportunity to “just check something,” you’re setting a poor precedent for social media usage that your child will surely follow. Always remember to ask yourself if you’re setting a good example and demonstrating proper technology etiquette  as well.
Limit Cell Phone Use Just as you would limit use of a computer, TV or gaming system, you can do the same with a cell phone. Set rules for the device, only allowing cell phone usage at certain hours in the evening or after homework has been completed. If you have teens of driving age, the most important rule to enforce is that under no circumstances should cell phones ever be used while driving. Phones should be kept off so incoming text sounds aren’t a distraction or should be kept in the glove compartment, out of reach.
Teach Kids about an Online Reputation Many kids don’t seem to understand the permanence of the online world. Make sure to stress to your kids what a digital footprint is and the impact inappropriate messages or images could have if a future college administrator or employer were to stumble upon them. As stated in the AAP study, what goes online stays online.
Talk to Kids about Online Dangers You may feel like you’re scaring your kids when talking to them about the dangers of being online, but it’s better for them to be scared than to be unaware. Having an open line of communication is crucial the minute your kids start using the Internet more independently. Parry Aftab, noted online safety and privacy expert and Executive Director of WiredSafety , says, “Who's a stranger online? Everyone is! You need to remind your children that these people are strangers and that the standard rules always apply.”
Get to Know the Technology Kids have gained a mastery of technology so quickly and can easily pick up on the nuances that any new gadget has, far more easily that we can in some cases. It is every parent’s responsibility to know exactly which key features are included in the gadgets our kids are using. Stephen Balkam, founding CEO of the Family Online Safety Institute,  says, “This can be a humbling experience. You may find that you had no idea that the Sony Playstation Portable that you bought your 11-year-old last Christmas had a web browser. Or that your 5-year-old son (with the help of his older brother) has managed to create an avatar on Club Penguin and regularly goes for in-world pizzas with his other penguin friends.” Want more tips? Check out The Secret Life of Kids Online: What You Need to Know