First lady Michelle Obama is seen as President Barack Obama speaks to supporters and donors at an inaugural reception for the 57th Presidential Inauguration at The National Building Museum in Washington, Jan. 20, 2013. (Charles Dharapak/AP Photo)

First Lady Michelle Obama joked in an interview set to air Wednesday that her now-signature bangs weren't a fashion statement but a result of a "mid-life crisis."

"This is my mid-life crisis, the bangs," the First Lady, 49, said in a preview clip for Wednesday's "Rachael Ray Show." "I couldn't get a sports car. They won't let me bungee jump. So instead, I cut my bangs."

PHOTOS: Michelle Obama Fashion

The First Lady made fashion waves when she first sported the bangs in a photo uploaded to her Twitter account on her birthday last month, just before Inauguration weekend, and the president quickly admitted he's a fan of the new hairdo, saying it was the "most significant" event of the weekend.

"I love her bangs," Obama told supporters at an inaugural reception at the National Building Museum the night before the Inauguration. "She looks good. She always looks good."