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If you want to put each word in a separate textbox, then that's probably a correct way to do it. Someone took this idea to the extreme and made this. https://github.com/DataExplorerUser/coloured_words
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InfluxDB
InfluxDB – Built for High-Performance Time Series Workloads. InfluxDB 3 OSS is now GA. Transform, enrich, and act on time series data directly in the database. Automate critical tasks and eliminate the need to move data externally. Download now.
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DearPyGui
Dear PyGui: A fast and powerful Graphical User Interface Toolkit for Python with minimal dependencies
If it's just to align text in the centre or to the right of a box, you could use a button and, by using theming, hide the fact that it's a button. https://github.com/hoffstadt/DearPyGui/issues/1111