Please keep the words and the sentence short for this computer-impaired person.

I have Internet Explorer and I have Mozilla Firefox.
I want to print save all my Favorites/Bookmarks in both browsers.
I understand that there is no way to save them from IE, but I heard that I should be able to transfer the IE bookmarks to Firefox, then save the whole list (which is quite extensive) to a CD so I don't lose everything if my computer crashes again.
Can anyone tell me, in short, simple steps, how to do this?
Thank you.
Sue (maybe 'computer illiterate' is a better description)