Godaddy and Office 365

MY company uses godaddy for email, with proofpoint. They have had me start looking at switching us over to office 365 and setting up sharepoint. I upgraded a few of our godaddy licences to get 365 (I now know that was a mistake), I need to add more storage to our sharepoint and cant thought godaddy. I have seen about migrating our accounts out of Godaddy and into Microsoft. My question on that is, can I move our accounts for office out of Godaddy, but leave our email going through them? I dont want to move our email because that seems like a big task that could cause some huge problems for someone like me whose IT experience is not through the roof.

I am our whole IT department, also our whole GIS, and Regulatory departments and do other geologic work, so sorry if this question is not very techinical, and thanks for any help!