Well not really, but it is embarrassing sometimes when you are talking to someone about something only to be pointed out that the thing your talking about isn't really the color you see. I always get mocked on by my friends and occasionally my girlfriend, since I don't take it too darn serious about it lol. Since I always help my friends that are architect students, I usually offer only to help design but will not do any color balancing work because I'll more than often mess something up lol. The effects on everyday life is very subtle as the main colors I can see are fine, but when the problematic colors appear, I may get confused at times.
On other things such as playing games and such, I can still differentiate and play mostly normally, but in some games, it would just help if they had color blind mode, and they usually do. Heh
Though on another note, another problem accompanying the color blindness from my Japanese side of the family (I'm Half Japanese Half Thai), is the problem where I cannot perceive light in dark areas as good as normal people do. I don't know how this came about and the true cause of it, but my Grand father never had to go to the Second world war because of this problem, and for some reason it really passed right down to me. Going back in history, some of my ancestors reportedly had this problem too, so I guess it is really genetic, but what happens is I really can't see in the dark that well. To make it easier to understand, its comparable to having sunglasses on while driving at night, or perhaps walking around your house in the evening with no lights on and with glasses on. Maybe this is the core reason I like bright things so much, and have pursued lasers for the past 4 years, mainly because 1. Color blindness wont bother me, 2. Saying that I may become more color blind does not frighten me, and 3. my problem perceiving light in the dark does not bother me. Besides the color blindness and the lack of dark vision, I seem to have no other problems, I guess I'm lucky.