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Default Where can I save Excel templates .XLT files?

Can I save .xlt files to a shared drive or only to a template folder on
c:\? If the latter then each user needs a local copy of the template?
I can only get xlt files to work properly (open as an xls while
preserving the orgibnal xlt) if I save to the local templates folder.
(These are not to be default xlstartup files.)

If I cannot save to a shared drive am I better off making an xls file
with a macro preventing saving as the original name or saving to the
orginal folder?

Thank you in advance.
 
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