Lewis HowesYour Personal 24/7 Greatness Coach

Financial Goals Aren’t Necessary

4 Sept 2025 · 1 min

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A speaker argues that chasing specific financial targets like $1 million creates an endless cycle where each milestone just raises the bar higher. The real driver is the need for security, not a number. He suggests imagining a joint account with someone wealthy instead, which gives you the safety feeling without the pressure.

Chapters

I don't think financial goal is necessary. If you want to buy a big house, you may need to have that. But financial goals, people come up with, it's because they want to feel safe, sense of security. So you don't need to have a goal of $1 million. Because when you reach $1 million, you feel like, this is not enough. I need more. Right. I need two. When you reach 2 million. No, no, no. I think I should 10. So instead, what I would recommend, imagine a joint account with your wealthiest acquaintance. And when something bad happens, you can withdraw as much money as you want. You feel that along.