Balancing elements can be addressed from two different perspectives. There is the aspect of placing the elements in the frame in an aesthetically pleasing way. Then there is the balancing of elements such that the important pieces of the photo's story draw the viewer's eye.
Generally speaking, odd numbers of items are considered more pleasing than even. Of the three items in this photo, the pen and journal are the subject. The candle and Buddha have supporting roles. I feel lucky to have these things that bring me happiness always available to me.
Give a nod to Maria in The Sound of Music and photograph a few of your favorite things that you feel lucky to have.