I posted a similar thread after I had already purchased my setup (curado 300e, st croix premier), but I can tell you with certainty you want a quality reel and $100 is a little low. I highly suggest any shimano with the VBS system (citica, curado, chronarch). This system is awesome for learning. When setup properly you can pretty much cast without thumbing the spool. As you get better you can takes some brakes off which will allow you to cast longer, or re-apply them when it gets windy.
All in all I say double your budget spend 130 on a citica and 70 on a decent stick...you'll thank me later! Good luck mate.