This paper introduces a dream component I refer to as an inner voice within dreams; i.e., a splitting of the self into an experiencing subject immersed in the dream and an inner observer that comments on and interprets elements of the dream. The inner voice is noticeable in lucid dreams, but not necessarily only in them. The author argues that Freud’s theories of day residue and secondary revision need to be extended since there is greater continuity between sleep and waking states than Freud presumed. Contemporary dream theories, particularly Bion’s, are reviewed. The unique clinical contribution of this paper is the use of the inner voice to deepen the analytic process by facilitating development of the patient’s inner consciousness and capacity to discern and understand their own unconscious dream material. Encouraging patients to incorporate the inner observer’s self-analysis into the analytic session enriches the interpretation of dream content and empowers the patient as an active agent.