A Barlow typically is used with another eyepiece (insert the barlow first, then the regular eyepiece in to the barlow) and increases the magnification of the image. As others said, they're usually labled 2x or 3x to indicate how much they will magnify the image. In cheaper telescopes, the barlow lens is usually pretty cheap as well and you can see real degradation in the image when using it so won't be surprised if it's not a lot of help for anything other than terrestrial viewing, maybe when looking at the moon too?
Good luck with the new telescope, Saturn is amazing the first time you see it and can recognize the rings- sure it's not like the pictures you see but I still remember the first time I saw Saturn in a telescope, also an inexpensive model!