I would like to change the font color of a single word in a Tkinter label widget.
I understand that something similar to what I would like to be done can be achieved with a Text widget.. for example making the word "YELLOW" show in yellow: 
self.text.tag_config("tag_yel", fg=clr_yellow)
self.text.highligh_pattern("YELLOW", "tag_yel")
But my text is static and all I want is to change the word "YELLOW" to show as yellow font and "RED" in red font and I cannot seem to figure out how to change text color without changing it all with label.config(fg=clr).
Any help would be appreciated
You cannot do what you want. A label supports only a single foreground color and a single background color. The solution is to use a text or canvas widget., or to use two separate labels.
Change color of single word in Tk label widget