Try these 3 lines of code in your VSCode settings.json file and save a lot of time.
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Interesting, I actually use some extensions that do this to some extent sans my input. But I do think a handful of these would be worth it on a global level. Especially if it could keep you from having to have one more extension eating up resources. I don't trust automated bug fixes though. That's probably where I draw the line, and I'm not sure if it's an old school thing.
I guess actually, having your own settings keeps you from altering other people's preferences. So I'll shut my mouth here. I believe you have to add it to .gitignore. But I'm not that familiar with working with others yet.
Adding .vscode in the .gitignore is standard practice.