A new study of thousands of young Facebook users found that cutting out social media makes people less depressed, more productive, and better at dealing with money.
The researchers compared the activities of more than 1,750 university students in the United States in 2017, who stayed away from Facebook for a week or stayed on the social media platform.
The study, titled "The Economic Impacts of Facebook", was published in the journal Experimental Economics.
The team also found that moving away from the social network caused people to consume less news in general, but it also reduced their awareness of fake and non-mainstream news.
Roberto Mosquera, an economist from Universidad de las Américas in Ecuador, and his colleagues studied 1,765 Facebook students at Texas A&M.