You said that and I remembered this quote by Phil: https://youtu.be/OIt8O-GpJWQYou're being adorably naïve here. In 2017 alone we had him sharing Leanna's private medical records because he was mad about the incoming bill and lying about foreclosure to fly out Kat for a mini-vacation. The routine scam fundraisers and fraudulent bankruptcy prove he's only gotten worse since then.
This might belong in "Dr. Phil" but I don't think he's ever thought about morality or even consequences beyond, "does it benefit me right now?". His begathons have turned him into the boy who cried wolf, the bankruptcy means he can't get a loan or payment plan with reasonable interest even in a real emergency, his spending habit means he'll never be able to retire, you get the idea. A few whales + his mother are the only reason he's not already on some new extortionate loan or credit card, but any time he spends worrying about that is time he doesn't get to waste on his new money sink.
"Do what gives you pleasure and fuck everyone else".
If that's really his life philosophy, then I guess it's not really that surprising that he'd have no shame in lying to his viewers and spending his money like this. Maybe he gets high on the idea that he's not only gambling money, but gambling money that he's scammed with some sob story. He'd have to be pretty psychopathic for that, but...