This study investigated the relationships between impulsivity, intelligence, and academic failure in a sample of 241 secondary school students who completed Thurstone's (1938) Primary Mental Abilities (PMA) test and Dickman's (1990) and Barratt's (1985) impulsivity questionnaires (DII and BIS-10, respectively). Results show an inverse relationship between impulsivity and intelligence, specific to the scales with higher loadings on crystallized intelligence, and a positive relationship between impulsivity and academic failure. These results indicate that impulsivity is not directly related to intelligence and may act as a moderator variable between individuals' resources and their achievements.