Is there a way to have children? I know that you can woo people but i havent really seen any children things except in the bio and the end of the cycle thingy where you lose your money from having no descendants?
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Yes, lovers are randomly generated with different hidden attitudes towards raising children. Continuing to woo and interact with those characters that want children will result in them putting forth different proposals.
Once you have at least one descendant, rather than risk hiding your money and probably losing it between cycles, it passes on to the children, which will go on to become either successful aristocrats making your life easier in the next cycle, or just plain ungrateful bums.