$250-$300 can get you a pretty nice set up if you shop smart and look around. Right now rods in the $150 dollar range are better than they've ever been and the same goes for reels. You will hear a lot of different options because we all have out favorites. So now we need to know what you are going to use it for and I'll give you some examples. For instance, say you want a rod to fish spinnerbaits/buzzbaits, jigs, and worms, what kind of weight baits? Are you going to throw say nothing over 3/8oz in sparse cover or perhaps you'll be fishing 1/2oz and higher in heavy cover, there are a lot of different variables but I'll give you my take. A 6'6" to 7' medium heavy, fast action rod will work great for everything but treble hook lures, I always say that crankbaits, punching, big swim baits and Alabama rigs are the techniques that require a specific type of rod as you can get by with the 6'6"-7' MH-F rod for everything else. If you are going to throw cranbaits and don't want a second rod yet, you can get a 6'6" -7' medium power, fast action rod, it will have enough backbone to drive all but heavy flipping style hooks through the roof of a fish's mouth and still have enough forgiveness to fight a fish hooked on trebles without yanking them out but there are going to be sacrifices. This type of rod isn't going to be great in anything over moderate cover and the baits are going to be limited to 1/2oz spinnerbaits, 3/8oz if there are Colorado blade on it, 3/8oz jigs with a trailer, and crankbaits that dive no deeper than 6' to 8' but it can work. A lot of anglers use medium power fast action rods as technique specific rods for weightless plastics and square bill cranks but they are pretty versatile, so figure out what you are going to use and then go from there to pick out a set up.