First build, ideas?

Hardware Hub Build a PC
1

Case: BitFenix Merc Beta

PSU: RAIDMAX - RMX-500W8-REP 500W

Motherboard: MSI - 760GM-P21 (FX) - AM3+, 2xDDRIII, 1xPCIEx16 2.0

CPU: AMD Phenom II X6 1045T Six Core 2.7GHz

GPU: Nvidia Geforce GTX550TI Pcie-x2.0 1024MB DDR5 192bit

RAM: 2x Kingston - KHX1600C9AD3B1/2G - DDR III 2GB, 1600 MHz

HDD: SEAGATE Barracuda 7200.12 (3.5" ,1TB,32MB,SATA III-600)

 

These parts are mostly from local IT Shops. My budget is arround $550, basicly around 4 months of work (just started).

I mostly want to know if the components will work well together and if anything can be improved yet staying on budget.

2

don't go with raidmax, terrible PSUs, if you can get the Rosewill 530w Green Series PSU that would be much better

3

I will look after that, what about the rest of the build?

4

I reckon for the ram get at LEAST 4Gb, not 2Gb. 
4 gigs of ram is like $10-20 these days, really cheap.
And yeah don't go with Raidmax or Coolermaster for the PSU. Corsair, Rosewill, Antec, Seasonic, etc. Corsairs CX-500 is about $50-$60 on Amazon.com. Everything else is good for $550