:-1: error: Qt Creator needs a compiler set up to build.

I realized this has been asked a lot just by searching, but I didn’t find the exact thing I was looking for. I am new to QT and tried to compile a test program and received the error “:-1: error: Qt Creator needs a compiler set up to build. Configure a compiler in the kit options.” I installed QT version 5.1.1 32 bit version on windows 7 64 bit version. When I check the build and run section the only kit without a red exclamation mark is “Desktop Qt 5.1.1 MinGW 32bit (default)” and my compiler is “MinGW 4.8 32bit”. From what I’ve searched I assume they don’t work together and I need either a new compiler or new kit but I don’t know where to start.