Kendra Wilkinson is no longer ready for baby number two.

The former 'The Girls Next Door' star - who already has one child with husband Hank Baskett - has decided she wants to make the most of her freedom now their son Hank Jr. is almost three years old.

The 27-year-old ex-Playboy model told ''We like to go out now. We're back to being young and fun again!''

''We love to go out, we love to be in Hollywood . . . YOLO - You only have one life to live and we love to be young.''

Kendra had previously said she and her husband talked everyday about expanding their family.

The reality star enjoyed a night out with her husband, whom she married in December 2009, to celebrate the launch of 'Resident Evil 6' at Lure in Hollywood on Friday night (28.09.12)

The couple has more times on their hands now because her husband Hank recently opened a gym after retiring from the NFL (National Football League).

The state-of-the-art private training facility - which he co-owns with his friend Travelle Gaines - is proving popular with pro athletes and Kendra is proud of her spouse's new business venture.

She gushed: ''It's an amazing place. And, so far, so good. He leaves for work every day at 5:30am and returns home at 5pm.

''He loves it. This is exactly what he wanted to do in his life. He's been all over the country and plans to open other gyms soon.''