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Insert Text Field Into Shape. Select a shape and go into text edit mode I like to press F2 but you can use the Text tool on the Home tab. Click the Text Box Horizontal Text Box or Vertical Text Box on the Insert.
The solution you gave works when I insert text inside a shape that has been inserted into text for example when I insert text inside a shape that I have inserted into the text of a report I am writing. However it does work for my current case in which I need to insert text inside a shape that I have inserted into onto a photograph in a report. To resize the text box select and drag any of the outline handles.
The shape and its text are always connected to each other and do not have to be moved individually.
Text in a rectangle. You can detect inserted text fields with this simple trick. On the Insert tab click Field. Generally you can click Insert tab and select Text Box to insert a text box into Excel so does inserting text boxes to charts.