Motivated by prior literature, we provide a proof of concept simulation study for an understudied interactive machine learning method, machine teaching (MT), for the text-based emotion prediction task. We compare this method experimentally against a more well-studied technique, active learning (AL). Results show the strengths of both approaches over more resource-intensive offline supervised learning. Additionally, applying AL and MT to fine-tune a pre-trained model offers further efficiency gain. We end by recommending research directions which aim to empower users in the learning process.