Using a few methods, you can easily hide your posts from certain people. Maybe you don't want your boss to see what you were up to on your day off, or don't care for another round of commentary on your life from your sister. Just like you get sick of seeing other people's posts on Facebook, sometimes you don't want to share your own updates with certain friends. You can also change the options under Reviewing to require your approval before tags appear to your friends. Here, change the Who can see posts you're tagged in on your profile? to Only me, if you don't want tags to appear at all. Click your profile at the top-right, then go to Settings & privacy > Settings > Privacy > Profile and tagging to see the relevant options. You can't completely block photo tags on Facebook, though you can prevent others from seeing tags. Manual tagging for photos and posts is still an option, however. In 2021, Facebook discontinued its facial recognition feature, meaning that the service will no longer recognize your face and suggest it as a tag in photos for your friends.
There's also a risk that someone could use a tagged post to obtain too much personal information about you. If someone takes an embarrassing picture of you and tags you in it, all your friends will be able to see that picture. Facebook tagging is a fun feature on the surface, but it's also a privacy risk.