Insert Image and text

How do I can insert a image and text on the homepage instead of "latest from the blog"

 

Hey sociald,

Please follow the screenshot given below.

Code:

 <ul class="my_content">
                        <li>
                          <img src="http://www.wpstand.com/wp-content/uploads/2014/05/inktheme-giveaway.jpg"/>
                          <p>Write text here...</p>
                        </li>
                        <li>
                          <img src="http://www.wpstand.com/wp-content/uploads/2014/05/inktheme-giveaway.jpg"/>
                          <p>Write text here...</p>
                        </li>                                             
                        </ul>

Now, paste the code given below in Custom CSS section
(Appearance -> Theme Options -> Styling Options -> Custom CSS) of your dashboard.

Code:

ul.featurebox {
display: none;
}
ul.my_content {
list-style: none;
}
ul.my_content img {
width: 90% !important;
height: auto !important;
}

Thanks,
Praveen