The capacity to remember the past in vivid detail develops considerably during childhood and emerges from the contribution of several psychological processes. I will highlight the contribution of two classes of these, relational binding processes and metacognitive processes. Relational binding processes support the integration of the various features of an event (e.g., what, when, where) into a memory representation that captures the most important aspects of an experience. Metacognitive processes confer the ability to reflect on memory quality, which might support decision making (e.g., decisions to act on the basis of the content of one’s memory). Behavioral and neuroimaging evidence will be discussed.