If the feelings that accompany this dream are negative it symbolizes the anxieties and uncertainties about the future of the poor in spirit. If the feelings are positive or indifferent the rags are a way of showing the superiority of the inner self over the surface self. When the spirit is strong, appearances do not matter.
Dream dictionary: Rags dream meanings
…Rags in a dream portend a fortune….
We must observe the feelings that accompany the dream because if we are anxious about our appearance this feeling is talking about our concerns for an uncertain economic future. But if we feel comfortable and confident with our dreamed tatters, then it indicates a certainty of the importance of deeper self that is stronger than all appearances.
Dreaming of looking at rags is often an indicator of shame and misery. Dreaming of mixing rags is an indicative sign of great sorrows.
…To see rags in dreams is a sign that it won’t be long until one of your secrets is revealed thanks to being spread by bad people and fake friends….
…To dream that your clothes are ragged, indicates that a young girl will banter you: if, in your dream, you see ragged people, it is a sign that you will suffer ridicule at your next meeting with a party of ladies and gentlemen. Rags and ridicule go together in dreams. Lucky lottery dream numbers – 19….
The dream in which you see the king, signifies the fortune that will be reached through hard work. The king is also a symbol of your achievements, especially if you were in contact with him during your sleep. You will be appreciated by others. If you see king being in rags, you should be careful of your enemies, they will do much harm to you and those you love. Make sure you stay away from them as much as it is possible.
…To pay bills foretells you’ll starve in rags without shoes….
This is not a bad dream, unless the music be harsh and the player in rags.