You either load it with money, this is called "prepay" and glimpse for each journey as you go. Great for if your staying in central London, only for a few days or so.
If your staying a week or longer I would recommend putting a travelcard onto your oyster card. Get a one week travelcard for the zones you will be using, and then get a second weekly travelcard for the same zones the second week. (annoyingly they don't have "2 week travelcards"
Once you have loaded a travelcard, you have unlimited use on all trains, tubes and buses for the zones loaded.
If your staying centrally you will probably only need zones 1 and 2 and this will cost you approximately £30 a week, plus a £3 deposit on the card. (I forget the exact price) if you want PM me the details of where your staying and where your likely to be going and I'll let you know what zones you need and explain it in a but more detail. I can also recommend routes.
London can bs confusing, so I'm more than happy to be a helpful Londoner!

Also make sure you have a copy of your return ticket/itinerary for customs and possibly proof of funding for your trip. As your not staying for a huge amount of time they hopefully won't be as hot on that but you never know.

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