After money's spent in hobby, succeeded making baked goods (7)
I believe the answer is:
pasties
'baked goods' is the definition.
(Cornish Pastie)
'after money's spent in hobby succeeded' is the wordplay.
I cannot really see how this works, but
'after' could be 'past' (I've seen this in another clue) and 'past' is found in the answer.
'succeeded' could be 's' (genealogical abbreviation) and 's' is located in the answer.
This may be the basis of the clue (or it may be nonsense).
'making' acts as a link.
Can you help me to learn more?
(Another definition for pasties that I've seen is " Food associated with Cornwall".)