Contemporary high levels of consumer debt and bankruptcy suggest recon
sideration of hypothesized middle-class delay of gratification. Theori
es of self-identity in post-industrial society propose that norms supp
orting impulse control and delay of gratification have weakened in fav
or of present-oriented expression of impulse. Previous research on soc
io-economic status, delay of gratification, unplanned and ''impulse''
buying is reviewed, and a conceptual model differentiating akratic imp
ulse buying from compulsive impulse buying is proposed. Survey data fr
om a US national sample of adults with a self-reported measure of impu
lse buying are analyzed and a legit model fit to the data. The results
do not fit the middle-class delay of gratification model: Higher leve
ls of impulse buying were found to be associated with ''some'' college
(or other post high school) educational experience, controlling for a
ge and gender: family income was not found to be related to impulse bu
ying. (C) 1998 Elsevier Science B.V. All rights reserved.