Dream Home with 50K Salary in 5 YEARS? | Money Matters Ep. 8 | Ankur Warikoo Hindi

Money Matters is a series where I have conversations with normal people such as you and I, on your personal finance issues.
It is important to note that I am NOT a financial expert, I am NOT SEBI registered, and I am NOT qualified to give financial advice.
Everything that I say in these videos is purely through my own experiences.
- So these videos do not offer any stock tips, or specific mutual fund recommendations or get-rich-quick schemes.
- I am not selling any product or service through these videos.
- None of the brands that I mention in these videos have paid me to mention them, unless I explicitly say so (and I will say if the video is sponsored).
This also means that my advice may not always be the right advice. So incase I make a mistake, the best way to correct me will be to share your point of view in the comments, so that everyone can benefit from it.
I am not perfect, nor claiming to be either and would love to learn and grow.
The idea is simply to help people with their finance journey and through their story try to help others who may have a similar story.
If you wish to be part of this series, please fill up this form forms.gle/uj9JPUBp8Wo9nZQi7
In the latest episode of Money Matters, we sit down with Utkarsh, a driven IT professional hailing from Gurgaon with roots in Kanpur.
Throughout the episode, we delve into Utkarsh's inspiring financial journey and aspirations, shedding light on the challenges and triumphs faced by young professionals striving for financial independence while balancing familial responsibilities and ambitions.
Join us as we explore Utkarsh's story-a testament to resilience, determination, and the pursuit of financial security in today's dynamic landscape.
Want to join me on the show? Fill this form and my team will reach out to you: forms.gle/uj9JPUBp8Wo9nZQi7
00:00 Introduction
00:20 About Utkarsh
02:10 Utkarsh's expectations from Money Matters
03:55 Utkarsh's current financials
12:55 Financial plan for Utkarsh
31:25 Utkarsh's reaction to the plan
31:50 How to be a disciplined investor?
34:54 Conclusion
#FinancialJourney #MoneyMatters #warikoo
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Buy my new book 'MAKE EPIC MONEY' here: www.makeepicmoney.com/
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My bestselling books:
‘GET EPIC SHIT DONE’: ankurwarikoo.com/getepicshitdone
‘Do Epic Shit’: ankurwarikoo.com/doepicshit
My gear for shooting this video:
🎥 Sony a7III camera: bit.ly/3M42wAV
🎬 Sony FE 24-70 f2.8 Lens: bit.ly/3KCCiF0
🎙 Shure SM7B Microphone: bit.ly/3O1NAVA
🔆 Fill Light 60W: bit.ly/37aJolP
💡 Key Light 150W: bit.ly/3O9nyjs
📽 Benro IT15 Tripod for Sony a7III camera: bit.ly/3O4PvJ1
Useful links:
20 books for your 20s: bit.ly/WarikooBooks
20 online courses for your 20s: bit.ly/WarikooOnlineCourses
Gadgets that I use: bit.ly/WarikooGadgets
The above links are on Amazon.
If you buy any of these using the above links, I stand to make affiliate income from it. 100% of this income is contributed towards the education of kids who cannot afford it. In 2021 we contributed 38L and in 2022 we contributed 53L.
Let’s connect online:
🎙 My weekly podcast Woice with warikoo (Spotify): open.spotify.com/show/1g7wpoq...
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👨🏻‍💻 LinkedIn: / warikoo
😄 Facebook: / awarikoo
🖋 Daily Blog: ankurwarikoo.com/blog/

[@warikoo]

Money Matters is a series where I have conversations with normal people such as you and I, on your personal finance issues. It is important to note that I am NOT a financial expert, I am NOT SEBI registered, and I am NOT qualified to give financial advice. Everything that I say in these videos is purely through my own experiences. - So these videos do not offer any stock tips, or specific mutual fund recommendations or get-rich-quick schemes. - I am not selling any product or service through these videos. - None of the brands that I mention in these videos have paid me to mention them, unless I explicitly say so (and I will say if the video is sponsored). This also means that my advice may not always be the right advice. So incase I make a mistake, the best way to correct me will be to share your point of view in the comments, so that everyone can benefit from it. I am not perfect, nor claiming to be either and would love to learn and grow. The idea is simply to help people with their finance journey and through their story try to help others who may have a similar story. If you wish to be part of this series, please fill up this form forms.gle/uj9JPUBp8Wo9nZQi7 Buy my new book 'MAKE EPIC MONEY' here: www.makeepicmoney.com/ My Money Apps: bit.ly/3Zg56eR Start your own business: bigrock-in.sjv.io/6eZ1KK My bestselling books: ‘GET EPIC SHIT DONE’: ankurwarikoo.com/getepicshitdone ‘Do Epic Shit’: ankurwarikoo.com/doepicshit My gear for shooting this video: 🎥 Sony a7III camera: bit.ly/3M42wAV 🎬 Sony FE 24-70 f2.8 Lens: bit.ly/3KCCiF0 🎙 Shure SM7B Microphone: bit.ly/3O1NAVA 🔆 Fill Light 60W: bit.ly/37aJolP 💡 Key Light 150W: bit.ly/3O9nyjs 📽 Benro IT15 Tripod for Sony a7III camera: bit.ly/3O4PvJ1 Useful links: 20 books for your 20s: bit.ly/WarikooBooks 20 online courses for your 20s: bit.ly/WarikooOnlineCourses Gadgets that I use: bit.ly/WarikooGadgets The above links are on Amazon. If you buy any of these using the above links, I stand to make affiliate income from it. 100% of this income is contributed towards the education of kids who cannot afford it. In 2021 we contributed 38L and in 2022 we contributed 53L.

[@vishals8131]

Sir 40 age ki person ko bhi lo so we can understand investment

[@ranjanchakraborty605]

Sir ji, 45 - 55 age keliye bhi financial plan share kijiye, jinke bahut responsibilities honge, assets honge, loans honge, financial freedom ki khaab honge wagara2.

[@sudhanshutiwari9871]

Bhai sare up ke hi AA rhe hain

[@ankitdudi4747]

Please sir ,, make a detailed explanation video on how can effect india market by election results ..pls needed

[@AkasaRC390]

Keep up the good work!!

[@rushin.j]

I'm 38 and just started investing couple of years back. So good to see kids of 20-25 yrs thinking about investing and have clarity of thought. Kudos!!!

[@shehzaadful]

Not your fault.. this generation has lot of options and information to invest

[@If-nu9qo]

​@@shehzaadfulya it's true

[@user-ri6dc4fu6y]

exactly same..

[@Rapid_Wolf_Memes]

Am i the only 14 year old who invested 45k of my scholarship amount and watching these videos to increse my skill?

[@If-nu9qo]

@@Rapid_Wolf_Memes you are brilliant if you have done so but fool if you are telling lie when I was 16 I have started to watch these types of videos now I am 17 years old and feeling some change in my mind set

[@sanjaysagar9193]

Every son who comes from a middle class family his first dream will be to build a house to his parents nothing else … I had a similar dream but buying house is just too costly nowadays. The risk of taking a loan more than 40-50 lakhs just scares the shit out of me. When the job market is so shaky taking a loan of more than 50 lakhs for 20 years. The dream remains a dream forever 😢😢😢😢.

[@sonamambastha5090]

Best move ankur Bhai aap Jo kr rhe ho ye jaruri tha India av sirf 60 % youth h jo actual me smjhe ki corona ki wajah se kitna situation kharab tha sirf savings idea and best calculation trick se income ko krna fir secured life set krna bohot jaruri. H is time me ❤thank you

[@Saksham-vz3yy]

Amazing series,amazing host and amazing friendly discussion here.

[@LeeMinshih]

Sir Please Ignore the Negative Comments and Just Keep Doing the Great work😍😍 Big Fan

[@vijayranswal240]

Thank you Ankur for this series. This was much needed.

[@rajnayek5269]

You are bringing more engineers and it professionals, brings other common professionals also like teachers, government employees, doctors, nurse, professors etc

[@farhanmallick3962]

Generally if they have money they don't have time Or vice versa

[@kaminithakur8807]

Yes please arrange a podcast with govt. Employees.... Income in between 50-80k

[@dazzlinggleam7399]

​@@kaminithakur8807basically I think he is trying to cover the people who earn less. Because people with high income can make their in life in any way. But people with middle class income think that they can't become rich.

[@sandpnyk]

They cant risk their money, neither they are vigilant enough to track MF / stocks and put their hard earned lump on stack

[@deepakmore8842]

Ankur bhai, big fan of yours, my Son is about to get job in a weeks time, I had explained him about you, obviously make epic money read by both of us, I want him to be part of this sometime, thanks a lot for spreading financial knowledge which may prove instrumental in ones life.

[@wondersamadhan]

Just want to express something with you Ankur Sir! I get to learn alot throughout your videos and that insta reels too! Some of the insta reels are like hitting me so much is like ki mere liye hi bni hai ye too! Feeling Grateful! Thankyou so much Sir!! 😊❤❤❤

[@4ToxicGaming]

Thank you sir for making this money metter Series ❤

[@quotespower9911]

Sir plz don't stop that series . It's a great way to solve middle class financial problems ❤❤

[@harsukhakhiyani3848]

Ye series se bohot sikhne milta h

[@komalaryal9748]

What I like in this video is....in so younger age....this champ is so responsible and mature with money ❤.....Kudos to you!!!! 🎉

[@MayankMasiwal18]

Nice Series!

[@jachal76]

I really like this video, Thanks Ankur for teaching us.

[@harshmalik3470]

Beautfiully done, Kudos to team warikoo and this kid!

[@Lazypanda_vks]

Dudes speaking in 1.5x😬

[@DrErgo]

You are too good and thanks for doing this ankur. I wish I had this conversation when I was 22 Keep inspiring sir

[@sanjoydas8334]

He will definitely grow in life ❤

[@adiptii]

I think Utkarsh should go for a term life Insurance which he can later increase. His parents will have invested in his education and nothing wrong in sparing some of the 10k he sends his parents in buying a term life plan. Rest can be invested as Ankur suggested.

[@yourFinn]

Meri aakhein khul gayi ye video dekhne ke baad thnkyou sir for this

[@yashkhandelwal1694]

This man gives aspiration to many of people's.

[@sahithilouis3653]

Amazing series!!! Thank youuu

[@kumarpatel4521]

Amazing sir . Please make 2 videos per week in place of 1 video In a week.❤✅️

[@KNSN26]

Also as salary bracket increases, money needs to be put In tax saving instruments . Step up SIPs with inflation rates, resulting into increased need based expenses will become difficult. Also the 3 months where taxes get cut, becomes difficult to survive with SIPs pre planned.

[@haveagoodday6494]

love this series sir. So much learning

[@LeeMinshih]

Love this Series

[@aman-id6dh]

Amazing series' ❤

[@tathyarsh]

Ankur... You are a genuine advisor... Great....

[@dechenlhamo9632]

Amazing advice 👍 thank you so much 🙏 sir

[@MileyHumphrey-ql4jp]

I'm thinking to put some cash in stocks, I was at Salt Shack and i overheard some friends saying its ripe enough, but Is this a good time to buy stocks? I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?

[@Sarah-ui3vd]

A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

[@Joseph-zw3sb]

This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

[@Sarah-ui3vd]

“Angela Lynn Shilling’’ is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@Joseph-zw3sb]

I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.

[@AlphaNOVA69]

fkin bots everywhere i go

[@sandpnyk]

Mark my word, this series will never go outdated and will inspire every other person to have a disciplined life. Ankur yaar I hv been to Omax so many times I regret I never met u , I was in Faridabad for 12 yrs , hope we will meet sometime

[@ST-jk1dw]

Nice clarity at this age !!!!

[@jaithaliag]

Very good and calculated advice.

[@dhunumai1912]

Thanks you so much sir . Very good information ❤❤

[@chetanshukla768]

Bacha smart hai. Isko dekh ke hi lagta hai cloud, full stack ya ai karta hoga. Agla switch 1.25-1.5 lpm pe pahuch hi jayega.

[@hindimedium5495]

Amazing series sir tq

[@romitsen3405]

Such a sweet kid!

[@tazaaakhabar]

I loveeee this series

[@NotBlazzy]

22:23 Also make him aware about inflation which is 7-8% which means he is only getting 1cr not 2cr .. 2cr after 15 years will be equivalent to todays 1 cr

[@RiseUpInspired32]

1 cr Kam nehi hai

[@NotBlazzy]

uss 1 cr mai sai 50 lakh to invested amount hee hai

[@user-in2np8nl8e]

Wrong calculation think once again apne final amount p inflataion adjust kr liya pr principal amount p nhi thi​@@NotBlazzy

[@pythagoreannumerology9471]

Exactly and aisa karke 5 saal baad jab ye Ghar lene jayega to wo rate SIP profit se zyada ho chuka hoga

[@Rahuljha-mh5px]

Sir, please do it continuously, lots of love ❤

[@OYEXVANSH]

You taking this vc in your best swetchwasen ❤

[@AnkitKumar-ow6fg]

Reached to the right young audience.

[@shivam9048]

Good information ❤

[@justforfunyah9947]

Considering taxation and inflation by this property will effect corpus and loan expense

[@Rahulkashyap-sy6fd]

I am listen and enjoy your videos from last 2 days while driving office and home i usually play your video and listen how to invest money and where. Thanks for the information sharing in the video.

[@jayganeshelectricals..gautam15]

Ankur sir Aapke video Dekh ke Maine Start ki hai Investment ..

[@vrlk4019]

Sir im right now 15yrs can you make teenagers aware about finance through series like this . Investment as an example

[@saiprathik9515]

Sir make a dedicated video for how to play the Excel Excel game in terms of financial calculations please

[@vihaandhanapune3874]

I think I made one of the best decision of my life by clicking on this video. I’m 17 (18 in few months ) my collage will start in 2 months and I always wanted to start investing as soon as I get my first salary , but I’m always confused on how to manage my money ,I’ve watched many videos on money management and starting investing early but most of them only talk about their advantages and never tell how to actually start investing , but thanks to this series I can now understand what investing really means and how to start it and how to split my money. My end goal is also to give my parents a happy and healthy retirement life and thanks to this series I might actually be able to do it . Thank you sir

[@devrajbakshi8386]

I love ur example which was cery pratical ❤

[@SamRustagi]

This is for all folks who wants to give something to their parents. No place or locality is bad when it comes to where you have been brought up by your parents and from where you learned everything. It could be that since now you have grown up, started earning and have seen some sort of lavish lifestyle, could be reason that now you don’t like that lifestyle. My point is since you don’t like the place where you lived in your past or present, just don’t quote the place as bad locality😅

[@archamit]

I totally disagree, people can be sentimental about the place they have grown up in but yes there are bad localities in every city and just because you grew up there doesn't mean it is good, it can be bad on so many aspects from unavailability of local transport, clean water, bad neighbours, lack of cleanliness. You lived there because you didn't have a choice, it's good to consider getting your parents out of there now since you have the money for it

[@sportsone9706]

+1​@@archamit

[@ChitraArtAcademy]

Hi @ankur i don't know you read this comment or not. I want to say that first thanks for expraid awareness about finance management. I need help from you to manage my finance structure. I am in job and also i manage this KZbin channel and I earning from both. Please help to manage my financial system also I want to buy my own house without 5 year. Thanks again💐

[@SuyogM84]

Dude is half of my age❤ and so matured 😂

[@tashilhamo6381]

Dear Ankoor Sir....I wish I could do one such Money Matters session and be able to seek guidance with some financial strategies....M so keen to know and willing to commit to make it happen.......Hope my prayers will be answered soon.....very much looking forward with anticipation.

[@yourFinn]

Really Amazing Sir

[@KNSN26]

Inflation on daily expenses? How would those work out and impact the end future corpus.

[@vishals8131]

Sir pls 40 age ki candidate ka bhi le so we can also understand

[@sreekanth4050]

Hi Ankur ji.. I really enjoy this series considering 90% of the Indians belong to Middle class. But one thing I observed is that you seem to pick only North Indian profiles, just wanted to ask why you are not considering South Indian folks. Is it because we don't speak Hindi and so you don't get views? I believe langauge should not be a barrier, we're all Indians. It would be great if you could consider some South Indian profiles as well. Thank you.

[@meshekh]

I support you, unity is very important in any of PAN India phenomenon. Otherwise, looks incomplete.

[@RebelliousBahu]

Or may no south indian approached him

[@romil782]

@warikoo You seem to have missed travel expenses which he need to incur to go home every now and than as he stays at some other city

[@ankitdudi4747]

Sir please make a video on how election result can effect indian market .. details explains .. please ,

[@pythagoreannumerology9471]

Bhai Renovation k liye 5 saal wait karne se acha hoga Take a Loan and start renovating now only. Excel Sheet and Bank Account me 5 saal baad aane Wale Profit se bohot zyada value hogi 5 saal bina wait kiye aaj se hi ek Renovated ya Better Locality wale New Ghar me Rehna.. 53k is a decent amount for Home Loan also if you have a Secured Job. Just buy a new house, ofcourse you'll sell this one to Iska Paisa Down Payment hoga for a new house and you can do a 15-20yr Home Loan and Repay it earlier or make other investments when u get a Salary Hike.. 5 saal me Property k rates kya honge this Excel Sheet can't calculate.

[@utkarshbajpai6476]

Thank you bhai...will surely consider this

[@saipawar8341]

Kitna acha bacha he.I just live it ❤

[@furqan312]

Nice explain

[@sahilkumar-mc2ci]

Hello sir, I have one question, the small finance Bank was also given the ROI of 8.2 percent (approx) in FD which is equal to bonds ROI or greater than bond ROI. So can we put the money in FD? Which one is better?

[@saurabhwankhedefitnessshor4454]

Thanks 🙏 dear wariko

[@user-xk6er4pf2u]

Amazing series 😍

[@KameenaMitra]

Varikoo made normal person feel himself special ❤❤ by the he is not a normal person

[@-Manidhar]

@warikoo who can fill the form ?? is there any eligibility kind of thing that those who earning they only eligible to fill the form ??

[@ronak758]

heyy Ankur Can you please make a video on notion tutorial

[@Ansar-382]

Good 👍🏻 job sir ,,,,,❤

[@shaikhmanjoor2805]

@warikoo Mr ankur sir, great to hear from you. you are one of the best youtuber whom i like most. sir please advise me how i can be debt free and how i can invest more need your guidance and really excellent work done by you and your team in every video.

[@Kellysdolp]

*Excellent!!! Your channel is Highly recommend. But I really do have a question. For someone with less than $10,000 to invest how would you recommend we enter into investing as a newbie? Because depending on one steam of income is very difficult in this economy crisis so I would greatly appreciate any suggestions where one could invest that doesn't depend on government*

[@PhilipWood-eo6fn]

I would suggest to reach out to Mavis. What impresses me most about Mavis is how well she explains basic concept of winning before actually trading for you. And letting you use her trade signals. And she will also teach you how to trade as she trade for you. This goes a long way to ensure winning trades.

[@Francisca-lp3tn]

Please I'm a beginner where can someone reach Mavis?

[@PhilipWood-eo6fn]

She's mostly attend to client's faster on Telegrams, using the user-name.

[@PhilipWood-eo6fn]

*Mavis131大大大 ...that's it*

[@Amelia94411]

Glad to have stumbled on this comment. I'm new in investing, but I'll linking up to your coach. Thanks appreciate this useful info❤

[@please.chriss]

badhiya 💛

[@subhamkumar7424]

nice approach for making such videos, able to relate and take steps over my investment. Would love to join this. Also I learnt and done investment only through your videos.

[@TemporalEGOo]

Congratulations for 4M❤

[@relaxationmusic3311]

I am doing investing in stock and mutual fund... purchase a flat.. also planning to save few amounts for purchasing a commercial shop... and then rest amount i spent on daily usage.. So i need your advise on few things.

[@sameermohapatra3933]

I wish I would have watched this perticular video at my age of 22!

[@user-sw5qg2tw6i]

people born after 1990 its really hard to buy a house if you can't user you whole income of you own if you have dependencies then it will be super tough.

[@shivasai8170]

Hi ankur sir big fan of you , but the main thing i would like to say to you is that, in the video description it was in a such a way that within five years we can manage to buy a house but in the video there were no tips given by you to by a house .As i am a middle class person i would like to know how can i really able to buy a house with my minimal capital .

[@j.venkataraman9354]

Sir, if we buy mid, small, large, elss in the same fund house is going to be any problem? Or we could take from different fund houses ? Please give the reply

[@mdyunusansari3677]

There will be so much overlapping if u take all from the same fund house.. u can take upto two funds from one fund house but after analysing the overlapping thing.

[@balajibalaji7626]

I too want to talk with you... like this about financial freedom

[@overthinkersdd]

ANKUR can u pls also tell when the income rises so approx how much will be the corpus at 40-50 age

[@GurpreetSecurity]

Hi sir , first of all, I would like to appreciate the amount of knowledge you provided regarding financial planning as most of the individuals starting the journey can have a broad spectrum of saving and investment for the future. I had a question what if Utkarsh had to get marriage and further having kids plus all the expenses of family. These two included no doubt he gonna receive pay up but still could just provide little bit like a perspective on this one point thanks.

[@devrajbakshi8386]

Nice guidance Warikoo but why you are not suggesting on NPS where you always talk about Compunding of 20 / 30 / 45 which actually youth can see if thry start early invest in NPS with nominal amount hence need your expertise if i start investing 1000 every minth from 18th year what will be my corpus in 60 without any step up, as we are starting at every early age which will be good and can have ability to show magical numbers in age 60 without compromising on anything

[@bhavyashetty-pp6mc]

Hey, please help me, i am living with my parents and my house is very old, i am 22 and the construction of my house is very old and the government is telling us to move somewhere else, i dont have any money nor do my parents, what can i do, i am not sure whether i should buy a house or not, my salary is less then 2.5 lac per annum and we dont have any savings, please tell me 🙏

[@funxworld658]

@Ankur I follow all your vlogs, you are amazing when it comes to invest planning. But with all due respect I would like to opose with your suggestion given to move 10K contribution towards his parents to a SIP with 5 years goal. You should not measure every contribution with SIP. Getting a monthly help from their child at the age of 55+ is a dream of every parents, also its very much temporary, not every person can continue after their marriage for different reasons. So I strongly encourage everyone to help with money to their parents regardless of investment profit/loss specially when they are on twenties.

[@manielegant2603]

Sir kindly mention Inflation also sir 😊.

[@vedpatel4609]

Please send this excel sheet link...for better understanding 🙏

[@harrypatial8321]

Keep doing great work..Good things happen on time

[@sayakpramanik0318]

Totally relatable

[@rohan2371]

How can i contact ? I tried to search but didnt get any form , i want to discuss my financial issues

[@htnchannel1]

lots of love from pakistan

[@stanleyanthony8407]

sir i am connected to wealth insight firm for financial investments.please suggest any other firm for the same.

[@mithunsen6634]

Sir I am planning to buy a bike that costs around ₹3.20 lakhs. I am considering whether to pay the full amount in cash or opt for a half-cash and half-EMI payment plan. I can afford to do either. Could you please provide some suggestions?

[@observethethoughts744]

Listen to Acharya Prashant Warikoo Ji! He is a Board Topper, cracked JEE(IIT Delhi), CAT(MBA from IIM Ahmedabad), Civil Services. Also a Fast bowler, Writer(150+ books), Poet, TEDx speaker,Climate Activist, fights for Animal and Women Rights.He has read more than 3000+ books that includes almost most of the highest literature of the world. He speaks in almost all the top institutes of India(IITs,IIMs, AIIMS etc..) and answers any questions fired at him without preperation.

[@Nisha-hr7bx]

Sir 40000 payment pr bhi koi video bnane ki koshish kre request

[@ankitkrgarg7]

@warikoo What to do to emergency fund ? should we keep in saving account or FD or anything else ?

[@civilbrains]

Emergency u Keep in savings only . If u want some interest and flexibility go for debt mutual fund, its better. You can keep emergency Fund in FD also , but make sure its Flexible FD , so that if u want to withdraw u need not pay any penalty for early Withdrawal..

[@AshishKChoudhary]

Stop sending money to parents is a bad idea, both morally and financially. Instead opting for FD in their bank will be better as they will think it as their money as compared if the money is invested in the market.