Pack

#Label
my_label = Label(text="I Am a Label", font=("Arial", "24", "bold"))
my_label["text"] = "New text"
my_label.pack(side="left")

Place

#Label
my_label = Label(text="I Am a Label", font=("Arial", "24", "bold"))
my_label["text"] = "New text"
my_label.config(text="New text")
my_label.place(x=0, y=0)

Grid

#Label
my_label = Label(text="I Am a Label", font=("Arial", "24", "bold"))
my_label["text"] = "New text"
my_label.config(text="New text")
my_label.grid(column=0, row=0)

button.grid(column=1, row=1)

entry.grid(column=2, row=2)

Screen Shot 2021-08-15 at 3.43.52 AM.png

Padding