Cover Story: Inside Michelle Obama's Private World

As her husband, President-Elect Barack Obama, prepares to become the nation's new Commander-in-Chief, his wife, Michelle Obama, has carved out a new title for herself — one she proudly admits to inventing: Mom-in-Chief.

Tall, beautiful and intelligent, Michelle definitely looks the part of a First Lady who Americans can look up to. But it won't all be fun and games — at first.

When she moves into the White House as First Lady of the United States with her husband and two daughters, Mrs. Obama will have to get used to all eyes on her, judging everything from her body language, to what she wears to the programs she rallies behind.

But, as revealed on the pages of this week's OK!, Michelle Obama is ready to weather the storm, as long as she can still fix her girls' hair and put them to bed at night.

"We try to keep things really normal," Michelle says, adding that she loves a good bake sale. And part of staying normal for this incoming First Lady is knowing how to look good on a budget. Michelle has already thrown style experts off course with her admittance of mostly wearing clothes from the Gap and J. Crew.

In fact, Michelle's only extravagance so far seems to be a pair of $10,275 Loree Rodkin earrings that she wore on election night (The rumor was that they were a gift from Oprah Winfrey but OK! has since learned that is not true).

Michelle's "anti-diva" ways also apply to her girls, Malia, 10, and Sasha, 7.  Even though their soon-to-be new home has arguably the most well-known address in the world, the Obama girls will still adhere to the same strict routine they had before their dad became president.

But don't think Michelle is lacking when it comes to fashion! A self-admitted clothes horse, Michelle admits "It's fun to look pretty," but wishes she could pull herself together as fast as her husband does.

"Barack puts on his suit, tie and he's out the door," she recently told The View. "I'm getting my hair, makeup, the kids..."

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For the full story on Michelle Obama's private life, pick up the new OK! — on newsstands everywhere Thursday!