Future-oriented cognition (planning, prospective memory, episodic foresight, saving, and delay of gratification) involves a critical set of skills that children must develop for successful daily functioning. The current study developed the Children's Future Thinking Questionnaire (CFTQ), a parent-report on 3- to 7-year-olds' future-oriented cognition. The CFTQ showed high internal consistency and detected development of future-oriented cognition (Study 1; N = 145). Study 2 (N = 255) showed high internal consistency reliability and preliminary validity of the CFTQ. Study 3 (N = 101) confirmed strong reliability and validity of the CFTQ. Study 4 (N = 105) revealed excellent test--retest reliability of the CFTQ. Thus, the CFTQ is the first reliable and valid parent-report measure of children's developing future-oriented cognitive abilities.