Amber earned $14.50 babysitting on Saturday. On Sunday, she spent $6.95 when she purchased a movie ticket. She needed to borrow money from a friend to complete her purchase of a snack. How much money did Amber pay for the snack if she owes her friend $5?

Amber had $14.50 - $6.95 = $<<14.5-6.95=7.55>>7.55 left after buying the movie ticket.

Hence, Amber paid $7.55 - $5 = $<<7.55-5=2.55>>2.55 for the snack. Answer: \boxed{2.55}.