I use a photographer's meter, it does footcandles and lux. Around the tank I use a $14 luxmeter from amazon. Look for one that is 100,000 or 200,000 lux maximum.
Milwaukee makes a submersible one for $75. The Seneye lux meter is not a cosine corrected light meter and the readings are quite different and noted lux/par conversion dont work with it.
Its not an imperative to know the lux of the tank its just an optional way to check you par settings if a par meter is not available. but I do recommend it to par meter users who are really interested in understanding light.
In short, lux is intensity, intensity + spectrum is PAR.
A basic lux/par conversion constant for led at a 1;1 ratio is 60. Ie 6000 lux = 100 par. as the color changes to a more blue spectrum the constant is higher 65-75.
A typical MH say 20k radium bulb is around 50 as a constant. (some much lower) so 6000 is 120 par
Most t5 fall much lower in the 40 range. 6000 lux=150 par
When doing lux par conversion on leds with wacky color setting from the internet rumor mill, I run the conversion at 60, 65, 70 and 75 to estimate the range I'm likely working in.
20,000lux/60=333 par 20,oo0lux/70=285 par etc.......................Btw, 20,000 lux / 50 =400.,,,,,,,,,,this is worthy of note, MH and T5 in general have more par with less intensity. most believe it is the opposite.
Another use of the lux meter is to have a store or manufactures turn it up to full power and test a 12in. you immediately see the the difference in intensity between models (ap700 a 80 for instance) and then know approx what it can deliver when selecting them for your tank.
You can also take it to the lfs like i do to see how much light they use over the frag tank. I can do it so fast they don't notice, but round here, they all know me so they don't mind.(and then use more light on their SPS tanks.

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@mcarroll I find it particularly interesting in the last 18 months, the large number of users and random questions pertaining to lux and par and the large number of users who now own lux meters and do the conversions.
After 3 years of flaming and debate, it appears, Two nerds can change the world.