Open the integrated terminal in VS Code (Ctrl+` or "Terminal > New Terminal").
Run "npm init -y" to create a "package.json" file, which manages project dependencies.

In the terminal, install TypeScript globally or as a development dependency:
    Global: "npm install -g typescript"(allows tsc command anywhere)
    Local: "npm install --save-dev typescript" (recommended for project-specific versions)

Create a "tsconfig.json" file to configure the TypeScript compiler. 
In the terminal, run: "tsc --init"
This generates a tsconfig.json file with default settings. You can customize options like target (output JavaScript version), module (module system), and outDir (output directory for compiled JavaScript).

In your project folder, create a new file named index.ts (or any other .ts extension).
Add some basic TypeScript code, for example:
    let message: string = "Hello, TypeScript!";
    console.log(message);

In the terminal, compile your TypeScript file: tsc index.ts
This will generate a "index.js" file (or whatever your outDir specifies) in the same directory, containing the compiled JavaScript.

Execute the compiled JavaScript file using Node.js: node index.js
You should see the output of your console.log in the terminal.