I can't seem to wrap my head around applying a downloaded text template to my own psd?

[dysphunktionistic]

First off, I am sorry. I can only imagine how many times this has been gone over. I attempted the suggestions that came up when I searched but for various reasons, none of them worked.

So here is the setup.
I have a very simple logo sized image I am working with.
It's three words. I am usually pretty OK with creating my own text effects but then I happened across the templates through creative cloud and I was floored. I ended up liking 
Modern Edge Grunge Ink Text Effect , downloaded it and have tried simply opening it and editing the "edit here" text which changes nothing. I've tired to open my own psd and import it via styles / import but the template I downloaded is a .pstd file and the import is looking for an als (or asl) extension?

I know the answer is going to be one of those "Oh, of course...." but it just is beyond me at the moment.
Thanks for humoring me all!

[jane-e]

@dysphunktionistic 

I've moved your post from Creative Cloud desktop to the Photoshop forum for you.

Where did you find "Modern Edge Grunge Ink Text Effect"? From Adobe Stock? From Photoshop's "New" dialog? Let us know so we can download to test it.

Please show a screenshot of the Layers panel. Resize it taller and wider so all the layers show and we can read the layer names.

Jane

[Ged_Traynor]

@dysphunktionistic not sure if this is the one you're referring to, but the "your text here" layers are usually smart objects, you need to double-click on the layer to open it in a new window, make your changes and then close and save

[dysphunktionistic]

That is the exact one. I would have went to my grave thinking I even linked to the effect. My word. But yup, that is the one.
So I've tried exactly what you said. I've tried editing directly in the box where it says my text, I've double clicked and opened the layer style and edited it there. No changes reflect despite saving it. I've also tried it in both standard PS as well as the beta version.

[Ged_Traynor]

When you double-click on the smart object layer, it should open in a new window, where you can edit the text, close the windows and select yes to save the changes

[dysphunktionistic]

I think I finally figured it out. So I was attempting to make everything in the layers section a bit larger to see everything and in doing so I managed to get it going. What I was doing wrong was where exactly I would double click. I didn't know there were multiple areas on each field that were assigned to different things, lol. In the picture you highlighed, I had been double click just to the left of the image, about where the arrow was. I assumed anywhere in that line would do the same thing. Well color me surprised, lol.

Thank you all so much. It's little things like this that will frustrate me into giving up when I could just pop in here and ask the grus!!