Kareen MillsFounder & CEO, Friendsgiving Live® · Most Influential Filipina ’23 🏆 Founder of the World’s Largest Friendsgiving Festival for Women | Angel | Keynote | Sugar Mommy™ Media | Psalm 25:1 ✞

Rags to rags in 3 generations

27 Oct 2025 · 1 min

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This content was created by Kareen Mills. This content was uploaded by Kareen Mills. This is a YouTube video titled "Rags to rags in 3 generations" (uploaded 2025-10-27T22:50:05+00:00) featuring an English spoken monologue in which the speaker explains a Chinese proverb about generational wealth — summarized as "rags to rags in three generations" — noting that the first generation creates wealth, the second spends it, and the third sees none. Metadata includes a thumbnail URL and last edited time matching the upload timestamp.

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There's a Chinese proverb that I can't say how they say it in Chinese, but basically in American language, in English, it's called rags to rags in 3 generations. And what, what it says is that wealth cannot last past 3 generations. Wow. You know, generational wealth is such a, such a trending phrase right now. What this Chinese proverb says that the first generation makes the wealth. Then they pass it on to the second generation who spends it, and then the third generation sees none of it.