what are some upgrades i can do to this hp pavillion 500 series?
If you have the 300$ budget to work with, I'd probably advise against upgrading it. For around 330$ or so you can build a decent ryzen build with an iGPU to start with and later, or if you sell the PC sooner, you can pick up a decent used GPU, rx 480/580, preferrably an 8gb model can be had for around 50-70$, and with the CPU pairing they'll run most of all the games, even Cyberpunk at lower settings.
If you want to upgrade the PC you already have you'll need an SSD(30-40$ for 500gb), a new PSU (50-60$) (from what I could find these motherboards do use standard PSU connectors but you'll have to look specifically into your model to make sure), a used GPU (like the one I mentioned earlier)(50-70$) and a new CPU (something like an i7 4770 20-30$), 16gb of ram (2x8gb sticks 10-15$), and potentially a used HDD (1TB few bucks), so you're looking at about 150$-200$, depending on what kind of deals you find, may be able to get even cheaper if you're patient and shop around.
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