Which spending cycle indicates a belief that one deserves immediate gratification?

The spending cycle that suggests a belief in immediate gratification is represented by earning, spending, and borrowing. This cycle highlights the tendency to not only spend what one earns but also to utilize borrowing as a means to fulfill desires immediately, without waiting or saving. This behavior reflects an attitude that prioritizes instant access to goods or experiences over long-term financial planning or stability.

In this context, earning allows for the acquisition of funds, while spending accords immediate satisfaction. The addition of borrowing indicates that individuals feel compelled to access additional resources to fulfill their desires quickly, underscoring a mindset focused on instant gratification rather than patience or strategic financial management.

The other cycles do not convey this immediate gratification mindset as effectively. For instance, earning, spending, and saving emphasizes a more balanced approach, while earning, saving, and then spending illustrates a focus on long-term financial health and the deferment of immediate wants.