Tell stories for money, that is (3)
I believe the answer is:
'tell stories' is the definition.
(to tell stories is to lie or fib)
'money that is' is the wordplay.
'money' becomes 'l' (L can mean 'pounds').
'that is' becomes 'ie' (short for Latin 'id est', 'that is').
'l'+'ie'='LIE'
'for' acts as a link.
(Other definitions for lie that I've seen before include "Recline - untruth" , "Perjure" , "Rest; falsehood" , "Equivocate" , "Be prostrate" .)