You don't need to buy rounds for everyone to have a good time. 

Kathleen gives us a play-by-play of how she's spending her weekly $60 in New York City. 

Kathleen is trying to live on just $60 a week for 8 weeks. Here's how she's food shopping on a tight budget. 

You don't need an expensive gym membership to stay in shape. 

Kathleen is learning how to skip subways and cabs for another way of getting around town. 

After over-spending throughout December, CNBC Reporter Kathleen Elkins enters the new year on a "cash diet,â¤ù challenging herself to live on only 60 bucks a week for the next 8 weeks.