I am using Xcode 6 and following an Xcode version 4 tutorial so things are different here and there.
There doesn\'t seem to be a Frameworks folder in my project navi
I would recommend using drag and drop feature to move files into Xcode. Xcode show you the Choose options for adding these files window [Copy items if needed] [Added folders]
For example Xcode can automatically add relative path ($(PROJECT_DIR)/) to:
Build Settings -> Library Search Paths if you drag and drop a libraryBuild Settings -> Framework Search Paths if you drag and drop a framework