The worst thing you can do right now is to shed too much weight before you are ready to. Shooting to the surface, uncontrolled, with an empty BC will only instill panic and could be dangerous, depending on the dive profile. So practice, and take your time. It's not a race, and counts for nothing early on.
Later when you gain experience, you will start finding that you "feel" heavy, and that when you dump the air from your BC, you seem to fall like a rock to the bottom. When that starts to happen, start experimenting at the end of your dive with your dive buddy next to you. Shed a little weight, and "play" for a while with your empty (500 lb.) tank in shallow (10' - 20') with decents and holds at 5 to 10 feet. When you feel you have a "comfortable" weight that you can control, stay with it for a while. Till you feel "heavy" again. Remember, after you "play" with an empty tank, a full one will be heavier, and you will decend faster. Just as has been said before by some others, you should be properly weighted for the *end* of you dive.
Have fun, take your time, and always dive safe.