Templates that are setup can easily be moved into other folders. For example, perhaps you created a template in the Default folder and realized that you wanted it to go into a specific folder. In the below example, all you need to do is drag the Master Bathroom template to the Bathroom Remodel folder.
Upon dragging the Master Bathroom template the Bathroom Remodel folder would have a little + sign to represent something is there as follows
Clicking on the Bathroom Remodel folder will display as follows
You can repeatedly move templates from one folder to another in a similar fashion.