Thank you for the information and I understand it more now. I am willing to spend about $80 on a PSU, but I read about the differences between Bronze and Gold but I see other people's builds mainly have the 80+Bronze PSU rather than a Gold, why is that? I know it has to deal with how much you plan to spend which is a factor.
I understand both scenarios, so it would be smart to get a PSU that is a sufficient amount of wattage that way you have room for any additional upgrades or maximum loads.