This build assumes overclocking and SLI (CF is when more than one AMD graphics cards are installed in the same system, SLI is the Nvidia equivalent) in the future.
If you aren't going to overclock then the CPU can be changed to the i5-3550 ($200 @ Newegg).
If you aren't going to SLI in the future then the motherboard can be changed to ASRock Z77 Pro4-M ($110 @ Newegg / $7 shipping). And then you don't need a 750W PSU. You could get this instead: Rosewill Capstone-450M ($80 @ Newegg / 20% off promo code = $64).
Here's a build with the above changes and an SSD instead of the Seagate HDD, the idea being to add a HDD when you have more money, plus hopefully HDD prices have come down: