When you say "navigate text around" do you mean control white-space?
If so, then yes, that's what you can use padding for. Depending on the context, margin can also do that. Padding creates space between content and border and margin creates space between border and other elements.
yes creating white space,the text moves further away from the images leaving white space between, depending on the padding i give it.
ill keep it in mind also about the margin as well.