How does anxiety affects our life?

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Anxiety happens when you preoccupy yourself with too much worries, when you anticipate problems that are not yet happening at the moment and you are afraid it would live a great damage once it occur. Or it can be our fears of facing new experiences, where we don't have an idea how to handle effectively.But do you know that high level of anxiety such as panic anxiety can led to depression, can led to destruction of our coping mechanism. So we must avoid being affected by extreme anxiety. Personally mild level of anxiety help me to efficiently because at this level I can still manage to think carefully and quickly. So it's a great help for me because normally I was too slow to move and think. And I hate myself for that, I just realized I was more effective to work when I am at last minute deadline. How about you? How do you manage anxiety? How does it affects your life?