4th of July Text

		Now that you have created your text, you can now right click on the text layer and select, "Blending Options...". Now click on "Drop Shadow".
			use settings at left
		Do not click OK yet... still more to do

		Now by click on "Outer Glow".
			use settings at left
		Do not click OK yet... still more to do

		Now click "Inner Glow".
			use settings at left
		Do not click OK yet... still more to do

		Now click on "Bevel and Emboss".
			use settings at left
		Do not click OK yet... still more to do

		Now click "Contour".
			use settings at left
		You may now click OK.

You should now have the following.

Now google a flag image (of your country). Save it and open it in Photoshop.

Now hold the "Ctrl" key in and click on the text layer. Now go to the main menu and click on "Select" then "Inverse". Make sure the image, or in this case, the flag layer is selcted in the layers pallete and hit "Delete" on your keyboard and deselect ("Ctrl" + "D").

Example