Help with new upgrade options

Hello everyone.

I will be upgrading to a new MBP soon, and need some help deciding on my memory and chip options.

Right now I have the Late-2019 16-Inch i9 MPB with 32gb of memory.

I am heading into college in the fall, and I will be working for an athletics program as a creative team member. Most of my work is mainly image processing and design with Photoshop / Lightroom Classic and InDesign, while also doing video work in both Premiere Pro and Final Cut Pro.

Right now my current machine can handle photoshop on its own well (obviously burns me in the process because it's an intel chip), but when it comes to a second app or InDesign on its own, it struggles a really good amount. Video editing is okay. I have ran into some issues with export times and such, but it generally runs smooth enough when working in the timeline.

Right now I am looking at two options (both 14-inch):

The M5 with 32GB of unified and 1TB of storage

The M5 Pro (15 & 16 Core) with 24GB of unified and 1TB of storage.

I'm not the best at understanding how much moving up to the M5 Pro would be worth it if it means moving down to a lower memory option, which is where I could use the help.

I don't want to upgrade to the 48 because of the extra cost, I want to keep it below $2500 (I will also have the nano-texture display option included with my purchase)

What do y'all think about my options here? I can also answer any questions if you need more context or are just curious. Thanks!