I wrote about quitting Facebook before, and this article from AoM perfectly articulates again why I did that. There is, however, a deeper insight I find very useful:

But I’m not keen on placing more blame on the medium than the way that medium is used. Facebook and other social media outlets are merely tools – ones that can add or detract from your life depending on whether or not you deploy them wisely.

It's all about taking active measures to prevent FOMO or however you want to call it.