"If people want to remember personal experiences, the best way is to put them online," said lead author of the study Qi Wang, professor at Cornell University in the US.
"Social media - blogs, Facebook, Twitter, and others alike - provide an important outlet for us to recall memories, in the public space, and share with other people," said Wang.
Memory researchers have long known that when people write about personal experiences, reflect on them or talk about them with others, they tend to remember those events much better.
The act of posting on social media also plays a role in the construction of the self, said Wang.
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"We create a sense of self in the process of recalling, evaluating and sharing with others memories of personal experiences in our lives," she said.
"That's happening when we use social media, without us even noticing it. We just think, 'Oh, I'm sharing my experience with my friends.' But by shaping the way we remember our experiences, it's also shaping who we are," she said
"Memory is often selective. But in this case, the selection is not done by our own mind; it's done by an outside resource.
"So interactive functions on social networking sites can also shape how we view our experiences, how we view ourselves," Wang said.
Wang and colleagues from Peking University in China asked 66 Cornell undergraduates to keep a daily diary for a week.
For each event, they recorded whether they had posted the event on social media. And they rated the event's personal importance and emotional intensity on five-point scales.
At the end of the week and a week later, the students took surprise quizzes on how many events they could recall.
The researchers found that the online status of each event significantly predicted the likelihood of it being recalled at the end of both the first and second weeks.
This was true even when they controlled for the personal importance and emotional intensity of the events.