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One way to solve the typical parenting dilemma of "Should I buy an ipad for my 3 year old?" Or "Should I buy a phone for my 11 year old?" Is to make these purchases for the family. This way usage remains under parent control with greater ease and less punishment, including periods of trial and error for parent and child. Think "family TV" vs "TV in your child's room" to clearly see the differences and the benefits of family purchasing.
It is only fair to put this up front for your children from the start. It is not an issue of trust, but an issue of safety. The internet is an unlocked door. This is the safety latch.
You may never catch up but if you are not an active user expect more trouble and, you are missing a great way to add to your ongoing face-to-face communication with your kids. The internet is a way to talk, and for kids something they talk about!