There is an upside down triangle just to the right of the icon for font color. Click on that upside down triangle and the drop down menu to chose a color will appear. If you click on the icon itself, the drop down menu will appear if it is the first time you clicked on it to choose your color. The color bar that appears right below the icon will change to the color you have chosen. After that, clicking on the icon will automatically use the color that is indicated by that color bar. To choose a different color, you have to click on the upside down triangle next to the icon.
The method that Tia described also works very well.
Hey there Tia!
Thanks babe!