Meditation allows us to focus on the present moment rather than dwell on the unchangeable past or undetermined future. There are many different types of meditation so its difficult to make any comparisons on which is better. All help to keep our minds and body healthy by reducing stress and anxiety.
Since beginning a breathing practice of meditation I have definitely seen an improvement in controlling stressful situations. Being more calm and not letting the "at present surroundings" turn into a poor choice to resolve problems.
Mindfulness meditation practices can help with everything from stress management, alleviating symptoms of depression and anxiety. It also helps in enhanced creativity, concentration, better sleep (which we all need) and lower blood pressure.
To listen to a great podcast on meditation listen to Rich Roll and Andy Puddicombe,
Andy has easy effective 10 day beginning meditation program on an app at Headspace.
I use this on a regular basis and am very satisfied with the results. I have begun incorporating another app from Inscape Life into my daily practice and am very pleased with this one also.