Bethenny Frankel: 'I'm a Little Lighter, a Little Brighter' Heading into Cinco de Mayo

May 5, 2014 — -- Bethenny Frankel is busier than ever and says her "brand Skinny Girl is pretty much unstoppable and that's pretty amazing."

It was announced in February that her talk show "Bethenny" wouldn't be coming back for another season, but since then, Frankel, 43, said this opens her up to work on her three books, a cocktail line and be with her daughter Bryn, who turns 4 this month.

"I'm a little lighter, some things that are better left, not doing a show every day, being able to spend pretty much every minute with my daughter," Frankel told ABC News. "I'm a little lighter, a little brighter, hopefully that will always continue to be more so."

She continued, "I don't have so much crammed in as I did before, where I have to do a TV show every day ... now I can breathe a little."

Though she said she still has some stuff she's going through like an ongoing divorce with Jason Hoppy, she's in a good place and can happily celebrate festive occasions.

Read: Bethenny Frankel's Talk Show Canceled

With that in mind, Frankel has new SkinnyGirl drinks Sweet A’ Ritas and Sparkling Margaritas out just in time for Cinco de Mayo.

Frankel shared some of her tips for throwing a great party tonight.

"This is not a take yourself seriously holiday at all, which is why this is fun," she said. "It's colorful, fun, festive and one of the times you can be a little cheesy. You can do things less expensive ... I bought beaded necklaces with peppers on them, sombreros, really just fun and festive."

See: How Bethenny Frankel Balances Work and Motherhood

Even Frankel's guests don't have to bring anything fancy for the host.

"I am telling everyone to dress fiesta festive, going and getting a poncho, a blinged out sombrero, something like that," she added. "If you want to give the hostess a gift, those authentic margarita glasses that are kind of blue and white and inexpensive."