Rule: Use colons to introduce lists, definitions, and complete sentences. [For complete sentences, capitalize the first letter after the colon.] Colons may not be preceded by verbs. What a colon introduces must end the sentence.
Examples:
Wrong: I went to the store to buy: flour, sugar, eggs, and butter.
Better: I went to the store to buy all my ingredients: flour, sugar, eggs, and butter.
Correct: He wanted to help cook for the feed: a Hotchkiss ritual involving late-night food.
Correct: Proctor wants to save his wife: "She believe in the Gospel, every word!" (70).
Wrong: My objections to your plan are as follows: the danger, the uncertainty, and the expense, and I shall have nothing to do with it.
Better: I shall have nothing to do with your plan. My objections are as follows: the danger, the uncertainty, and the expense.
Practice putting a colon where one could work:
Resources for further explanation of how to use colons:
Grammar Book's Colons
The Punctuation Guide's Colons