Buliding off of my Technics 1200

I recently purchased a Technic 1200 turntable to start listening to vinyl again. From here I'm trying to figure out my best way to build to get a nice quality sound. I was going to start by getting a preamp and active speakers as this seems to be the easiest and simplest way to get it operating. Trying to figure out what tp purchase is the tricky part as I'm not fimiluar with alot of the gear. My budget is between 200$ to 500$ for preamp and about the same for speakers. I don't want to go to crazy for my enitial set-up but I want to achieve good sound quality. I was hoping some of you audiophiles would be helpfull and provide me some suggestions and possiable solutions.
Thanks