Question

Which spec should I upgrade first? (on budget)

I have a custom made PC for 4 years, but I have very little involvement with its building or choosing the parts. Although the old guy has served me well, I believe it is time to upgrade it. The problem is that the budget is limited.

Spec:
Specs:
CPU
Intel(R) Core(TM) i3-3220 CPU @ 3.30GHz
RAM
8.0 GB DDR3
Motherboard
Gigabyte Technology Co. Ltd. B75M-D3H
Graphics
AMD Radeon HD7700 Series 1Ghz 1GB GDDR5

Which of these should I upgrade first? I game very little (mostly LoL and HS) so I prefer better overall performance, rather than gaming performance. Moreover, I use photo and video editing programs (Photoshop, Premier, etc).

Thank you for taking the time to read this! Any help wil be highly appreciated

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Answer
Re: upgrade

Things to consider:
1. CPU (check the CPU compatibility list of the motherboard)
If the fastest CPU supported by the motherboard is only a small improvement, a new motherboard might be needed, and that maybe supports faster RAM also. But that surely increases the costs to CPU + motherboard + maybe RAM
2. replace HDD by SSD or add SSD for the OS and programs

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Answer
The problem is that your system is 4

generations behind and typically the mobo's have changed which means the components have changed so it's really not cost effective to upgrade you will get more bang for your dollar buy a new system

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I've taken even older PCs and changed to SSD

With outstanding results.

What would you say to a 2GB RAM Core2Quad CPU HP dv500t that boots in 30 seconds and is very very usable for the web, Netflix, YouTube and such?

I cheeped out and put in a 35 buck 120GB SSD and nothing else. It had some Nvidia GT 240 GPU.

It went to a friend who had a friend that their PC went down in flames.

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Answer
What's the budget?

Round numbers.
1. cpu......$200
2. ssd.....$125
3. ram....$75

You can do it in pieces but are you willing to put $400 total into this machine?

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Answer
better overall performance. My answer.

Winner? SSD.

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Answer
It can be done.

I see you have 4 RAM slots. Assuming you run 2 - 4GB now.
Add 2 more 4 GB RAM sticks - $50
Assuming you are using SATA HD for storage.
Install a M2 256 GB SSD with an M2 PCIE adapter card - $120.
Migrate or re-install your OS to the SSD.
Use the existing HD for big stuff.
If you have the $$$ i5 CPU - $150 - $200.
If not so much $$$ get a better CPU cooler and start overclockin'.- $25.

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