keon receives a $1,000 paycheck. according to the 50/30/20 rule, how much should he put aside for saving?

Keon receives a $1,000 paycheck. According to the 50/30/20 rule, his income should be allocated as follows: 50% to needs, 30% to wants, and 20% to savings. Specifically, for a $1,000 paycheck, Keon should allocate $500 to needs, $300 to wants, and $200 to savings.