If you dream that you are sporting a mustache, it may be a warning that arrogance and a tendency to overstep will cost you — both in material terms and in the harm you cause to others, particularly women who trust you.
If a woman dreams of finding a mustache attractive, the dream urges caution around her choices and associations, as her reputation may be at risk.
If a man dreams of having his mustache shaved off, it reflects a genuine desire to distance himself from bad influences and past missteps — and to reclaim a reputation he once held in higher standing.