Hi there,
I found this forum discussion which helped but for some reason my hex code isn't taking.
*forum discussion link: http://www.kriesi.at/support/topic/cant-change-the-menu-link-or-ahover-state
link to site being worked on: http://virtualprivateinternet.com
What works:
.menu li.menu-item a:hover {
color: red!important;
}
What doesn't:
.menu li.menu-item a:hover {
color: #8cb9da;
}
Whenever I insert the hex code it resets to the default black or #111111 hex code.
Create a new thread and tell me what problems you are encountering and what you want to know. 
There is no step 3 :) 
