I dont know how old you are Michelle, I am guessing relatively young. Casey laid out a nice way to go about things, but if you are younger, say in your 20s, you should have more tolerance to risk because you can make up for losses since you have a longer period of time to invest. I would suggest upping the percentages in large cap funds and international equity funds, but a word to the wise, watch the funds you are in daily. If you start to feel like it is going to take a turn, start dialing down the percentages. There is one international equity fund out there that is really ratcheting it up this year, Julius Baer (forget which one though). It's rate of return this year is completely ridiculous. I think over the last quarter it was over 11%.

If you are saving, like Casey said, look for the highest percentage and keep dumping money into it. I think the highest I saw was a high yield savings out of Met Life (think it was around 5.6%). Dump into it and don't touch it.

Theres also two types of saving, for something you want (home, car, etc) or emergency funds. You should also be putting money into savings in case something horrible happens, like you lose your job. You want to have at least 3 months worth of expenses saved just in case.
"im a cowboy, on a steel horse i ride, WANTED, DEAD OR ALIVE"