The aim of this study is to answer the following question: what do children tell about their well-being in Finnish day care centres? The theoretical and methodological framework of this study is based on a narrative approach. The research material was collected by participating in the everyday life of three groups of children and listening to their narratives. The research material, consisting of observations and tape-recorded conversations, is reflected in a model of well-being developed by a Finnish sociologist, Erik Allardt. This model consists of three dimensions: having, loving, and being. With the intention of understanding children's well-being, the meanings of having, loving, and being are explored. Instead of arguing for one objective truth, this study offers diverse narratives, conveying both positive and negative experiences of children's well-being. The most positive experiences deal with inspiring and enabling material environment, responsive adults, good friends, and opportunities for meaningful activities. Darker shades permeate the narratives characterised by unyielding institutional structures, children's separateness from adults, the exclusion from peer relationships, and not being respected as a subject. This study demonstrates both potentials and limitations involved in narrative methodology when exploring young children's experienced well-being. (Contains 2 tables and 1 note.)