Intuitively, characteristic is saying about
how big is the number on an exponential scale. If you remember your scientific notation, the
-2 in log(0.0624) = -2 + 0.7952 is exactly the same thing as 0.0624 = 6.24 * 10^
-2. So the idea is,
in the grand scheme of every number in the world, 0.0624 is somewhere between 0.1 (characteristic = -1) and 0.01 (characteristic = -2).
Mantissa is saying how close/far away is the number from either end of the bracket - let's ignore for now.
The point about looking at characteristics, and why do we need to know logs in the first place, is that
we are freakin' good at analyzing linear relations (you know, slope, intercepts, those kind of stuff), but most things in nature behaves exponentially. Logarithms turn exponential relations into linear relations.
Anyhow, that's a generally approachable first introduction to logs. For maths folks though, we just know log by definition.
You might want to watch
this video by 3blue1brown on logarithms.