The most used payment plan to avoid being in debt today is the 20% payment plan. In this payment , you divide your income into several parts.
20% for paying up debts, 10 % for savings, and 70% for everything else.
So, assuming that x is the minimum amount of money, we know that
$ 512 + $70 = 20% . X
$ 582 = 0.2 . x
$ 582 / 0.2 = x
x = $ 2910
