Well, first off, "end the dive with 500 psi" isn't gas management ... it's a goal. And in order to achieve a goal, it helps to understand what it takes to get there.
Think of gas management like a family budget. In order to set up a budget you have to know three things ... how much money you have coming in ... how much you want to save ... and what has to be paid for. You then prioritize your activities around those pieces of information.
Gas management is like that. You know how much gas you have to start with (your "income"). You know how much you want to end up with (500 psi). What you then need to do is plan your dive around how to use up the rest. You must begin that process by establishing your consumption rate (expenses) ... keeping in mind that surface consumption (SAC) is simply a baseline around which to plan your depth and time. As you go deeper, your "expenses" increase accordingly ... and so you have to cut back your "activities" to compensate for the increased spending rate.
My article gives you all the necessary arithmetic. It may seem like a tedious process ... and in reality it's not something even I recommend that people do all the time. The key thing is to (1) determine your SAC rate, (2) create a dive plan, and (3) run the numbers using the dive plan. Just the exercise will help you learn a few things about whether or not the dives you're doing are going to get you back on shore or on the boat with the expected reserves.
When I have my AOW students do that exercise, they quickly realize ... without my even saying so ... why doing deeper dives on an AL80 are not a good idea. They didn't come to that conclusion because some instructor told them so ... they got there by logicking through the process, and understanding how depth affects their air consumption.
As with any budget, people who just "wing it" will inevitably end up with a deficit from time to time, while those who have established a budget will generally spend their money more wisely, and will more easily achieve their objectives. Gas management is no different, except that running a "deficit" on your air while diving can have a serious impact on your health, as well as your ability to enjoy the dive ...
... Bob (Grateful Diver)