should and would

[Rajesh43]

can you please tell me that which of the following sentence is correct ?

If I lost my job I should have no money.
If he lost his job he would have no money.

may you also tell me that in which situations we can use 'should' in the place of 'would' ?

[Beeesneees]

'would' is the correct verb in each of your sentences because it is a fact.

'should' indicates that you are likely to have some even though you would not expect to have any.
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[Progger]

In terms of tense, I believe that both should and would are correct. In terms of meaning, however, there is a subtle and tricky difference.

[Alan]

Hi,

'Should' and 'would' tend to run parallel with 'shall' and 'will', all of which are modals. The pattern usually is that 'should' goes with first persons and 'would' with second and third. The problem is that ;should' has as it were a double life because it is closely allied to 'ought to'.

Alan
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English as a Second Language
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[Progger]

[Rajesh43]

do you want to say that both the sentences mean the same thing? here just, there is difference of persons.