It has been established that young children who use their fingers to solve arithmetic problems outperform those who do not. However, it remains unclear whether finger counting itself enhances arithmetic performance or if children with already advanced numerical abilities are more inclined to use this strategy. In the current study, to shed light on this matter, we observed the behavior of 189 4- and 5-year-old children in an addition task and a task assessing their knowledge of the three "how-to-count" principles (i.e., stable order, one-to-one correspondence, and cardinality principles). Of these children, 169 were reassessed 1 year later (the second testing point). At the first testing point, our results revealed that finger users better know the counting principles than non-finger users. Nevertheless, some children use their fingers without knowing the principles, but in this case they present low performance in the addition task. Moreover, we found that knowing the counting principles does not naturally prompt finger use. Finally, we did not find evidence supporting the idea that finger use has a specific role in the development of counting principles, which questions the idea that finger counting has a functional role in the construction of the number concept. All in all, our results tend to show that children need to know the counting principles to be efficient finger users. Therefore, finger counting seems to be a useful tool when used by children who already possess advanced numerical knowledge.