Text widgets are created and managed directly in the Dashboard. To create a new text widget, simply put the dashboard into Edit mode and then click the "Create New Text Widget" button at the bottom of the screen. This will open the Create Text Widget dialog which allows you to enter and format the text you wish to display in the widget.
The text editor allows for a range of formatting to be applied to the text via the icons along the top of the editor. These formatting options are:
Text size
Bold
Italics
Underline
Linked text
Alignment (left, right, center, full width)
Numbered list
Bullet points
Indent
Deindent
Strikethrough
Subscript
Superscript
Quote
Remove formatting
Once your text is complete, click the "Create Text Widget" button to insert the text widget into the dashboard. This will create the widget on the dashboard with the text as formatted in the editor.
Once the widget is created, it can be moved and resized just like any other widget. To edit the text, simply edit the widget by clicking on the widget settings cog and the "Update Text Widget" window will open, allowing the text to edited and formatted as before.