Finding a happy medium refers to striking a balance or compromise between two extremes. Some synonyms for this phrase include finding a middle ground, reaching a compromise, achieving equilibrium, or balancing the scales. Other related terms include moderation, temperance, self-control, and prudence. The idea behind finding a happy medium is to avoid excess in one direction or the other and to find a solution that satisfies all parties involved as best as possible. This skill can be useful in personal relationships, business negotiations, and even in managing one's own habits and behaviors.