I'm in my 3rd generation (I play on my PC) and each time someone
died, and I chose a new person, I've lost all of the money then had banked and only had what the new person starts out with. I'm having a heck of a time getting money to do any renovations.

Started my 4th gen a couple of hours ago, after the mom in the third gen died.

The 3rd gen had 619 in the bank. I chose the oldest girl as the new head of household. She was bringing a bank of 662 with her. Hoping I'd get almost 1300 in the bank, BUT no, as usual I lost the 619 from the 3rd gen. I only had the 662 from the 4th gen.