My strings are WAY TOO far off my fretboard. I have a crappy Behringer El Toro, and I want to buy a telecaster soon, but I can't buy one just yet. How can I make the strings closer to the fretboard? Do I adjust the bridge? Should I send it to someone or can I do it myself?

My Crappy Gear:

Behringer El-Toro Guitar
Dunlop Original Crybaby Wah
You adjust the bridge until it gets as low as you want, provided there's no fret buzz. Then you might have to reintonate the guitar. If you can't intonate a guitar, just take it to a tech. Last time I needed one I think it was 30 bucks, and that was with some repairs to a Tune-O-Matic.
i had a behringer pack for my first guitar. the action was maybe 3/4 of an inch off the neck. no exaggeration. and i had no idea that it could or should be different, so thats how i learned to play for a year.
crazy ****.
Guy's, you need to make sure the neck or relief is adjusted BEFORE you set the bridge! I cannot stress this enough. There is an order to adjusting a guitar.

1 set relief
2 adjust nut(not recommended for most people, for trained or experienced only)
3 adjust the action or bridge
4 set intonation