We used to call these Toad in a Hole, but after a little research on the internet, I found that Toad in a Hole is a traditional English dish with sausages in a batter. :) Respectfully, we've renamed one of our favorite breakfasts... to Peek-a-boo Eggs. (In asking around online at Frugal Families, and in real life, I find we are not the only family that used the name toad in a hole incorrectly. lol )
Peek-a-boo Eggs are a great dish for kids to fix for themselves. I did help turn the eggs over, but the girls each buttered the bread, cut the hole, and cracked the egg. If you use a larger skillet, you can do more than one at a time and fry the "hole" at the same time.
Slices of bread
butter or margarine, softened
Heat a medium sized skillet over medium heat. Butter one side of the bread, use a biscuit cutter (or any round cutter) to cut a hole out of the middle of the bread. Place bread butter side down in skillet. Break 1 egg into the hole, salt and pepper.
Let bread and egg fry until the whites of the egg are set (check your heat - you might have to turn it down a little bit!) then use a spatula to turn it over. Fry until yolk is firm. If you didn't have room to fry the circle of bread you cut out, remove Peek-a-boo Egg and fry that circle now, turning to brown both sides. (one side will brown better than the other because it has butter on it) Place "hole" over the egg part of the Peek-a-boo Egg. Serve warm.