Want to setup basic home audio system

Consider:

• (Used) Yamaha A-S701 Integrated amp - $500
• (Used) Klipsch rp-600m speakers - $400
• (Used) Chromecast Audio streamer - $50
• Blue Jeans Canare 4S11 Speaker Cables - $80

Chromecast will connect to the A-S701 optical input.

You can play local files (and streaming services) from your laptop or phone via the chromecast (wireless). Chromecast also has blue tooth as well.

The A-S701 has the same amp section as the 801. Read the 801 reviews - highly regarded at it’s price.

The Klipsch speakers are considered an excellent value as well.

Later on, you could add a sub, a bluesound node 2i, an external dac, upgrade cables, etc.

Good luck! So many options, and many good recommendations here.

I agree with those who advise to wait until you have accumulated more money — I would say $2,000.  I assume you are going to be living with such equipment a while, so it makes more sense to me to wait until you can buy higher quality equipment.  Just my 2 cents.

Yes, but where does it end?
Why not $3000, $4000?
Of course the higher the budget the more choices and quality, but a limit has to be set and to pick and choose within those parameters.

You could Get a pair of Vanatoo Transparent 1 Encore active speakers and stream to it from any computer phone or tablet via Bluetooth and have a few hundred to spare.  Very nice first system!  I have a pair in my wife’s sunroom and they are very good. A lot of latest technology smartly bundled into an inexpensive and easy to use package. Available on Amazon.  Heard them first at audio shows where they always garnish a big crowd.