Do not scout this season. That is, do not use the points and yeah, it may be wise to start putting some money to increase the initial allowance. I have never scouted unless I had one of the first 3 picks and LOTS of points (like 80+).
There is value in investing in the draft but only if you have a high chance to actually get the best prospects in it. The best chance for you would be after you promote and presumably fight not to relegate in D2. I drafted this guy
(41118782) without relegating (before they changed the relegation system, so I could have the 2nd pick and still play the relegation series) and when I drafted this guy
(47035117) I pulled the same stuff (piloted to the best draft pick without relegating directly), but lost the relegation series. Consider that a 5 ball potential prospect can be MVP, HoF or ATG potential, so I have been quite lucky to get these 2 (especially the second, since he was my second choice and my first choice turned out to be an MVP).
In a bot league it may also make sense because bots will pick at random, so you actually have a high chance of getting several of your top selections.