These images were shot in the afternoon light, very shady and indirect, on an overcast day. You can see how each of my camera preset affected the colour of the image.
Tungsten Light ~3,200K
(your camera may also have a fluorescent light setting, with a tube light icon)
The most accurate setting here to 'real life' is the shade setting, the image of the house with a shadow falling. You can select the setting that suits your conditions and your white balance should be better. Your Auto-White Balance icon is "AWB", I didn't shoot an AWB as I wanted to show you the manual settings, no cheating! But AWB on this shot closely resembles the "shade" setting.
I've taken the same scene using the Kelvin scale so you can see the difference in these settings. Remember, if the camera thinks the scene is warm (like a candle light), it will compensate by adding blue in to reach an equilibrium approaching pure white. If it thinks the light is cool, it will add orange to compensate. These settings are the same theory as the images above, but instead of an icon, it's using the technical measurements. You'll find the icons above can be represented in Kelvin as well. (I've written the values under each image for your reference)
As you can see, you could use the light balance to your advantage to get some pretty cool colour effects. As you shoot, try to remember your white balance options and adjust accordingly, especially if you're not shooting in RAW.
The most important thing to remember is, if your environment's light is 'warm' or 'orange', you want a low Kelvin value, or the tungsten setting. If your light is 'cool' or 'blue', you want a high Kelvin setting, or a shady setting (the house icon). If you'd like to read more about this and see some diagrams that might be helpful, check out this link, and this one. Let me know if anything is unclear or if you have questions in the comments, I'll do my best to help you out :)
In the next session, I'll go into image quality, and what setting you should use to shoot in. Do you need RAW? Or is JPEG ok? I'll have some answers for you in the next Photo 101.