diff --git a/MLEM.Ui/Elements/Paragraph.cs b/MLEM.Ui/Elements/Paragraph.cs
index 0fcda97..5af1e73 100644
--- a/MLEM.Ui/Elements/Paragraph.cs
+++ b/MLEM.Ui/Elements/Paragraph.cs
@@ -14,8 +14,7 @@ namespace MLEM.Ui.Elements {
     public class Paragraph : Element {
 
         private string text;
-        private string splitText;
-        private Dictionary<int, FormattingCode> codeLocations;
+        private readonly FormattedString formattedText = new FormattedString();
         private IGenericFont regularFont;
         private IGenericFont boldFont;
         private IGenericFont italicFont;
@@ -54,10 +53,9 @@ namespace MLEM.Ui.Elements {
             var size = base.CalcActualSize(parentArea);
 
             var sc = this.TextScale * this.Scale;
-            this.splitText = this.regularFont.SplitString(this.text.RemoveFormatting(), size.X - this.ScaledPadding.X * 2, sc);
-            this.codeLocations = this.text.GetFormattingCodes();
+            this.formattedText.Value = this.regularFont.SplitString(this.text.RemoveFormatting(), size.X - this.ScaledPadding.X * 2, sc);
 
-            var textDims = this.regularFont.MeasureString(this.splitText) * sc;
+            var textDims = this.regularFont.MeasureString(this.formattedText) * sc;
             return new Point(this.AutoAdjustWidth ? textDims.X.Ceil() + this.ScaledPadding.X * 2 : size.X, textDims.Y.Ceil() + this.ScaledPadding.Y * 2);
         }
 
@@ -74,14 +72,7 @@ namespace MLEM.Ui.Elements {
 
             var pos = this.DisplayArea.Location.ToVector2();
             var sc = this.TextScale * this.Scale;
-
-            // if we don't have any formatting codes, then we don't need to do complex drawing
-            if (this.codeLocations.Count <= 0) {
-                this.regularFont.DrawString(batch, this.splitText, pos, this.TextColor * alpha, 0, Vector2.Zero, sc, SpriteEffects.None, 0);
-            } else {
-                // if we have formatting codes, we should do it
-                this.regularFont.DrawFormattedString(batch, pos, this.splitText, this.codeLocations, this.TextColor * alpha, sc, this.boldFont, this.italicFont, 0, this.TimeIntoAnimation);
-            }
+            this.formattedText.Draw(this.regularFont, batch, pos, this.TextColor * alpha, sc, this.boldFont, this.italicFont, 0, this.TimeIntoAnimation);
             base.Draw(time, batch, alpha);
         }
 
diff --git a/MLEM/Formatting/FormattedString.cs b/MLEM/Formatting/FormattedString.cs
new file mode 100644
index 0000000..3cc19ff
--- /dev/null
+++ b/MLEM/Formatting/FormattedString.cs
@@ -0,0 +1,50 @@
+using System;
+using System.Collections.Generic;
+using Microsoft.Xna.Framework;
+using Microsoft.Xna.Framework.Graphics;
+using MLEM.Font;
+
+namespace MLEM.Formatting {
+    public class FormattedString {
+
+        private string value;
+        public string Value {
+            get => this.value;
+            set {
+                if (this.value != value) {
+                    this.value = value;
+                    this.isDirty = true;
+                }
+            }
+        }
+        private Dictionary<int, FormattingCode> codeLocations;
+        private string textWithoutFormatting;
+        private bool isDirty;
+
+        public FormattedString(string s = null) {
+            this.Value = s;
+        }
+
+        public static implicit operator string(FormattedString s) {
+            return s.Value;
+        }
+
+        private void CheckDirtyState() {
+            if (this.isDirty) {
+                this.isDirty = false;
+                this.codeLocations = this.value.GetFormattingCodes();
+                this.textWithoutFormatting = this.value.RemoveFormatting();
+            }
+        }
+
+        public void Draw(IGenericFont regularFont, SpriteBatch batch, Vector2 pos, Color color, float scale, IGenericFont boldFont = null, IGenericFont italicFont = null, float depth = 0, TimeSpan timeIntoAnimation = default) {
+            this.CheckDirtyState();
+            if (this.codeLocations.Count <= 0) {
+                regularFont.DrawString(batch, this.textWithoutFormatting, pos, color, 0, Vector2.Zero, scale, SpriteEffects.None, 0);
+            } else {
+                regularFont.DrawFormattedString(batch, pos, this.textWithoutFormatting, this.codeLocations, color, scale, boldFont, italicFont, depth, timeIntoAnimation);
+            }
+        }
+
+    }
+}
\ No newline at end of file