In the contemporary world, most people rely on social media for entertainment, news, advertisements and so on. Now days a one can use the social media and get any form of data that he or she requires. The use of social media has transformed the society into a global village where people can interact freely within a span of a second. However, most people focus on the benefits of social media without considering it’s drawbacks. Social media has several advantages such as easy access of data, free interaction, and so on. On the other hand, it has various disadvantages such as, lack of privacy, fraud, theft and so on. This primary focus of this paper is the advantages and disadvantages of social media as given.