My 2 crnts, and my apologies if the same has been said earlier.
A precursor, I'm in a single income family, with 2 kids under 4. So, there's some context. Budget for me is the best quality I can get without chasing the 'new shiny'
I agree wit many of those before me regarding the scope. I started by spending about $350, which got me started, but I realized I was missing a lot. So, I sold it, losing about $100, then spent another 300 (550 total price).
After a lot of reading on here and the hide, then getting to put my hands on some top tier glass, I realized how naive I had been in my purchases, and quickly realized how my BDC reticles were killing me in what I really wanted to do. So, selling that glass (losing another $150) I started searching.
So, at this point, I had spent $650, but only had $400 in my pocket. To many, no big deal, but to me, that's a big loss.
I watched Facebook groups like optics trader and such, as well as for sale sections here and the hide, and ended up with a $1200 (new) optic for 600 bucks! Yes, it's older. Yes, it doesn't have the best glass, the newest reticles or even zero stop. What it does have is a lifetime warranty, it tracks and the glass is better than my old optics. It's good enough for me, and isn't holding me back.
As for the rifle, I was lucky enough to pick up an HMR with a timney, 20 moa rail and muzzle brake for under a grand.
Yeah, it's not sub 1k, but I don't feel like I need to update anytime soon. Shooting my first match I made impacts to 1315, and just this weekend shooting next to a rifle worth 3x as what I spent, we were both engaging the same 10" plate at 1k with the same success rate.
In the end, it's the Indian, not the arrow, but don't hamstring yourself getting caught up in what others have. 5 year old glass is better than most of us are, and newer used rifles are great as well, just make sure the barrel isn't burnt out when you buy.
Closing note (sorry this is long). Reload. If you enjoy this at all, start now. It'll save you a ton in the long run. But that's a whole 'nother story.