When I teach Photoshop classes to people who are used to dealing with text in Word and Excel, they sometimes struggle with text boxes. (PowerPoint users a little less so.)
Why? Because after you get text looking just the way you want, it easily gets messed up as soon as you resize the text box.
The good news is Adobe is making this part of the program easier to deal with. A new feature called Dynamic Text will let you resize text boxes while maintaining spacing and other formatting. Check out the video to see how it works!
(This feature is currently in beta.)