You can use "My Backup" to backup your apps, settings and data. And use SMS Backup & Restore to backup your text messages. You can also backup many of your app settings within individual apps by going into the app's menu. When there are choices for backup in an app, it us usually listed toward the bottom of the menu.
Then do the fdr but do not select to erase your internal phone storage. After you fdr and activate your phone, it may automatically start to install the apps you had installed before. If you would prefer to install each app individually, then go into play store and select "stop" then swipe the play store screen to the left and you will have a list of every app you had installed. You can go through this list and choose which apps you want to install.
Many apps will automatically restore the previous settings. Some you can go in the app's menu and may have a choice to restore backup (you would have had to backup from that app prior to being able to restore from that app). Others, you can either set that app's preferences/settings again manually or go into My Backup and restore the app's settings from there.
You can also just go into My Backup and have it reinstall all your previous apps, settings and data in one click (actually the purpose of that app) but I prefer the above method only because it helps ensure a cleaner install.
Although My Backup can backup your texts, I prefer using SMS Backup & Restore to backup and restore my texts because I can choose which texts I want, which I don't want, etc.
Hope this helps.
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