Summary I use this system for gaming and schoolwork, playing games such as War Thunder and Quake Champions.
CPU The r3 1200 is the best budget chip for 110 right now, because it is a 4c/4t chip and is unlocked.
Mobo The Asrock AB350M is a great budget board, and allows for overclocking. However the wraith cooler does block a dim slot if you face the AMD logo towards the I/O shield
RAM I actually purchased a 8gb stick of 2666mhz, not 2400mhz, and for $69.99. Otherwise, RAM is RAM and this works fine.
Storage Unfortunately, there was no room in my budget for an ssd, so this is it.
GPU I went with an rx 560 4gb instead of a 1050 for two reasons: as of 10/29/17 (the day I purchased these components), this rx 560 was cheaper than a 1050 on Newegg, and this card also came with Quake Champions.
Case The Tyrfring is a gorgeous case, with sufficient cable management space, decent build quality, and a side panel. I got this case discounted on Amazon for $31, and it does not disappoint.
PSU The Rosewill ARC 450 is a great psu for 30 dollars, with black cables and an 80+ Bronze rating.
WiFi Unfortunately Ethernet is not possible in my house. I looked through wifi cards for hours but dismissed each one because of the negative experiences people had with them, but eventually I realized every single card had thes reviews, so I chose one with decent speed and ratings. It works fine and I get good performance in games from it.
Problems I successfully overclocked the r3 1200 to 3.8 ghz at 1.3v with decent thermals, and decided to see if I could get it to 4.0ghz at 1.35v. Unfortunately after applying this overclock my system would turn on, but not boot. I actually had to reset cmos to be able to use my pc again. I did get it to 3.9ghz at 1.35v though, but with bad thermals. My 1200 is now at 3.8 ghz at 1.25v, stable, and with good thermals. After several hours of continous use, my wifi began to slow. I was getting lag and delays in War Thunder. A driver reinstall fixed the problem.