Butter both sides of the slices of bread. I used margarine.

Use a cookie cutter or knife to cut a hole in the middle.

Put a dollop of butter or margarine on a heated skillet. Let it get hot. Place the slice of bread in the center. Break an egg into the hole.

The egg may leak out under the slice. Don't worry. Let the egg turn white and firm up. Quickly flip it over and let it cook. If you like your yolks runny, don't cook too long. Voila! Egg cooked and toast made all in one step!