A couple of notes for advice:
1. Use card stock if you are going to make your own stencils. That will help you avoid bleeding. Also, try to match the card stock near/close to the color you are painting with. The edges of my letters dried into the paint. I used sharp-edged tweezers to remove these little paper pieces but had I used white paper, this would not have been a noticeable issue.
2. I stippled my painting to avoid obsessing over perfect paint coverage. I made a nice mix of red, white, and pink which works well for the look I was going for.
3. I used my Gypsy to meld together the letters in the words that I made larger for emphasis. That made it alot easier to lay out the letters and make it work.