If you are working in ordinary Euclidean space with orthonormal bases, it doesn't do much for you. When you start doing calculus on embedded surfaces (the beginning of differential manifolds) it begins to be more helpful. Since Lie algebras are special types of differential manifolds, you can learn quite a bit by studying the geometry and this quickly leads into gauge theory and modern physics. The Geometry of Physics: An Introduction, by Theodore Frankel does a good job illustrating a lot of aspects of geometry even offering some geometric insight into some classical physics.
It is an absolute necessity for general relativity.