Thanks, I figured it out. For anyone that has the same problem, you have to edit the path variable in ~/.MacOSX/environment.plist which is where apps look for environment variables. Since I didn't have the .MacOSX folder or that file I had to do the following in Terminal:
Then I typed the following in to set the PATH variable. Obviously, this will differ from person to person, but here's what mine looks like now...
<?xml version="1.0" encoding="UTF-8"?>