What does on balance mean?

phr. When you think about everything, considering the good and the bad, you decide something.

on balance

Frequency

Difficulty

Tags CEFR-B2

phrase

When you think about everything, considering the good and the bad, you decide something.

On balance, I think it's better to save money rather than spend it.

When you think about everything, considering the good and the bad, you decide something.