In Facebook, a "friends list is a sub-group of your friends that you can define. For instance, you can create a "jazz-toronto" friends list containing only people you want to invite when you play a jazz concert in Toronto.
The How do I create a new list to organize my friends? Facebook help page is explicit:
To create a new list:
1. Scroll down to Friends on the left side of your News Feed. Hover over Friends and click More.
2. Click Create List.
Problem: I don't have a "Friends" label on the left side of my News Feed. I only have Favorites, Pages, Groups, Apps, Interests, Events, Developer.
Question: Where should I click, or what is the URL, to create a friends list?
Best Answer
My friends list option is on the left hand side of the main page. The URL it links to is https://www.facebook.com/bookmarks/lists/