I was asked by @marijke how I did my cut out shape for the typed journaling or in this case my definition, for the MOC7 - Day 6 Cut out shape challenge, and then save my journaling/definition for future use. (Request was on comments page 2) Here are my steps with a few screen shots. Using your favorite font, type out your definition or journaling. Now to create the cut out: Choose the same text layer & added a mask to it. [Mask layer with the white showing to reveal the text.] (Select the text layer and then click on the mask icon, the rectangle with circle in it. - PS it is at the bottom of the layer pallete. PSE it is at the top of the layer pallet. This will put the white mask on the text layer. White is reveal, black is conceal.) Now add a layer above the text and put your shape on the new layer filled with black. (In my case it is the wine glass shape.) Next: hold down the ctrl/cmmd key (control on PC, cmmd on a Mac) and click on the shape layer so the marching ants / selection is now around the shape. Now that there are marching ants around the shape, in the layer pallet, choose your text layer mask... click the mask and then fill with black that will make the selection in your text, but it will not destroy your text. To save your text for future referance you can now right click on the text layer, and choose duplicate layer from the drop down. It will allow you to choose what you want to do.. select untitled from the drop down. That will place the text in a new blank work space. Go to the new work space and remove the mask. (Right click with your cursor on the mask and delete mask.) Now save as a PSD for future reference. That is it!
I love how you can change the font, change the color and size, and everything still looks perfect with this method.