Here's a simple two part exercise that should give you enough of an understanding about the basics of using IO and give you a general idea about monads.
1. Write a "guess the number" game
2. Write it without "do" notation, using (>>=)
That's it. If you're at all like me, this should give you a better start than reading theory about the subject. Now that you have a basic understanding about the practice, it's easier to grok the theory.And even if you do not understand the theoretical aspects of it by now, you know enough IO to be able to read and write files, connect to the internet using sockets or do some HTTP requests. That opens a lot of possibilities.