If you're planning on tying jigs, I would take back the kit you bought. If you plan on tying a few flies as well, keep it.
Sandwich Maker is right. The BPS kit has everything you need. It is the simplest/fastest way to get started. But I would still buy the fingernail polish instead of using the head cement that comes in the kit.
To be honest, the $29 Deluxe tool kit from Cabelas is better than the tools I tie with now. If you buy it, I do not think you will be disappointed. If you buy either of the tool kits from Cabelas, here is a list of other materials you will need:
THREAD - you can get away with one spool of black and one of white to start. Get them from a specialty store (Cabelas, BPS, Backwoods, etc.), not Wal-Mart. $4
MARABOU - These are the feathers. Colors I would start with: chartreuse, white, pink, black, and orange. $15
CHENILLE - This is what the body is made of. It looks like really flexible pipe cleaner. They have different sizes, I would use medium. Colors: black and white (for now). $5
GLUE/CEMENT - As mentioned, I would use Sally Hansen "Hard as Nails." $2
Total cost: $55 (not including jigheads)
If you want to save a little money, you can get the Standard tool set for $16. It looks like it's about the same quality as the tools that come in the BPS jig tying kit. Let me know what you're thinking.
-Kid
Jeremiah 16:16a "But now I will send for many fishermen," declares the Lord, "and they will catch them."